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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Technical Sentiment
Overall Consensus
Buy
12Bullish
5Neutral
5Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 0.29, suggesting Magic Software Enterprises Ltd is a Sell.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 20.30, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.51, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 19.87, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.51, making it a Buy.
Magic (MGIC) Pivot Points
Classic
19.92
20.20
20.45
20.73
20.98
21.26
21.51
Fibonacci
20.20
20.40
20.52
20.73
20.93
21.05
21.26
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
20.71Sell
20.67Sell
MA10
20.67Sell
20.56Sell
MA20
20.08Buy
20.30Buy
MA50
19.87Buy
19.87Buy
MA100
19.23Buy
18.81Buy
MA200
16.01Buy
16.18Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 20.56, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.51, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 18.81, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.51, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.51 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 19.87, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.51 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 19.23, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.51 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 16.01, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
53.94
Neutral
STOCH (9,6)
51.61
Neutral
STOCHRSI (14)
66.40
Neutral
MACD (12,26)
0.29
Sell
ADX (14)
12.96
Buy
Williams %R
-46.36
Buy
CCI (14)
54.91
Neutral
ATR (14)
0.68
-
Ultimate Oscillator
50.55
Neutral
ROC
8.12
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 53.94, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 12.96, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 54.91, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 8.12, 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 53.94, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 0.29, which suggests MGIC is a Sell.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 20.71, which suggests MGIC is a Sell.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 20.08, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 19.87, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 16.01, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -46.36, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 54.91, which suggests MGIC is a Neutral.