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Magic Software Enterprises Ltd (IL:MGIC)
:MGIC
Israel Market

Magic (MGIC) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
6Neutral
1Bearish
Technical Analysis Consensus
Buy
4Bullish
6Neutral
0Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 53.23, suggesting Magic Software Enterprises Ltd is a Buy.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 4634.66, while Magic Software Enterprises Ltd’s (MGIC) share price is 4,686, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 4519.14, while Magic Software Enterprises Ltd’s (MGIC) share price is 4,686, making it a Buy.

Magic (MGIC) Pivot Points

Feb 19, 2025, 08:30 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
4,413.67
4,492.33
4,610.67
4,689.33
4,807.67
4,886.33
5,004.67
Fibonacci
4,492.33
4,567.59
4,614.08
4,689.33
4,764.59
4,811.08
4,886.33
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Magic (MGIC) Moving Averages

Feb 19, 2025, 08:30 PM
Period
Simple
Exponential
MA5
4,658.60Buy
4,678.54Buy
MA10
4,688.60Sell
4,669.16Buy
MA20
4,648.95Buy
4,634.66Buy
MA50
4,506.63Buy
4,519.14Buy
MA100
4,348.03Buy
4,382.53Buy
MA200
4,131.74Buy
4,211.65Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 4669.16, while Magic Software Enterprises Ltd’s (MGIC) share price is 4,686, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 4382.53, while Magic Software Enterprises Ltd’s (MGIC) share price is 4,686, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is 4,686 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 4506.63, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is 4,686 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 4348.03, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is 4,686 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 4131.74, creating a Buy signal.

Magic (MGIC) Technical Indicators

Feb 19, 2025, 08:30 PM
Name
Value
Implied Action
RSI (14)
55.32
Neutral
STOCH (9,6)
41.17
Neutral
STOCHRSI (14)
53.31
Neutral
MACD (12,26)
53.23
Buy
ADX (14)
22.35
Neutral
Williams %R
-44.21
Buy
CCI (14)
88.93
Neutral
ATR (14)
114.02
-
Ultimate Oscillator
43.60
Neutral
ROC
0.58
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 55.32, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 22.35, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 88.93, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 0.58, creating a Buy signal.

FAQ

Is MGIC a Buy, Hold, or Sell?
Based on MGIC’s technical indicators, MGIC is a Strong Buy.
    What is MGIC’s RSI (14)?
    MGIC’s RSI (14) is 55.32, which suggests MGIC is a Neutral.
      What is MGIC’s MACD?
      MGIC’s MACD is 53.23, which suggests MGIC is a Buy.
        What is MGIC’s 5-day moving average?
        MGIC’s 5-day moving average is 4658.60, which suggests MGIC is a Buy.
          What is MGIC’s 20-day moving average?
          MGIC 20-day moving average is 4648.95, which suggests MGIC is a Buy.
            What is MGIC’s 50-day moving average?
            MGIC’s 50-day moving average is 4506.63, which suggests MGIC is a Buy.
              What is MGIC’s 200-day moving average?
              MGIC’s 200-day moving average is 4131.74, which suggests MGIC is a Buy.
                What is MGIC’s Williams % R (14)?
                MGIC’s Williams % R (14) is -44.21, which suggests MGIC is a Buy.
                  What is MGIC’s CCI (14)?
                  MGIC’s CCI (14) is 88.93, which suggests MGIC is a Neutral.
                    What is the share price of Magic Software Enterprises Ltd?
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