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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Technical Sentiment
Overall Consensus
Buy
15Bullish
3Neutral
4Bearish
Technical Analysis Consensus
Neutral
4Bullish
3Neutral
3Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 0.03, suggesting Magic Software Enterprises Ltd is a Sell.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 20.14, while Magic Software Enterprises Ltd’s (MGIC) share price is $19.93, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 19.72, while Magic Software Enterprises Ltd’s (MGIC) share price is $19.93, making it a Buy.
Magic (MGIC) Pivot Points
Classic
20.05
20.23
20.33
20.50
20.60
20.78
20.88
Fibonacci
20.23
20.33
20.40
20.50
20.61
20.67
20.78
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
MA5
20.31Buy
20.29Buy
MA10
19.98Buy
20.17Buy
MA20
20.12Buy
20.14Buy
MA50
20.50Sell
19.72Buy
MA100
18.13Buy
18.30Buy
MA200
15.20Buy
15.77Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 20.17, while Magic Software Enterprises Ltd’s (MGIC) share price is $19.93, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 18.30, while Magic Software Enterprises Ltd’s (MGIC) share price is $19.93, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $19.93 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 20.50, creating a Sell signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $19.93 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 18.13, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $19.93 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 15.20, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
54.28
Neutral
STOCH (9,6)
82.32
Sell
STOCHRSI (14)
80.06
Sell
MACD (12,26)
0.03
Sell
ADX (14)
13.07
Buy
Williams %R
-21.92
Buy
CCI (14)
52.09
Neutral
ATR (14)
0.61
-
Ultimate Oscillator
52.00
Neutral
ROC
0.20
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 54.28, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 13.07, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 52.09, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 0.20, creating a Buy signal.
FAQ
Is MGIC a Buy, Hold, or Sell?
Based on MGIC’s technical indicators, MGIC is a Buy.
What is MGIC’s RSI (14)?
MGIC’s RSI (14) is 54.28, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 0.03, which suggests MGIC is a Sell.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 20.31, which suggests MGIC is a Buy.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 20.12, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 20.50, which suggests MGIC is a Sell.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 15.20, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -21.92, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 52.09, which suggests MGIC is a Neutral.