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Magic Software (MGIC)
NASDAQ:MGIC
Technical Sentiment
Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
5Bullish
5Neutral
0Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Magic Software’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 0.69, suggesting Magic Software is a Buy.
Magic Software’s (MGIC) 20-Day exponential moving average is 26.77, while Magic Software’s (MGIC) share price is $22.67, making it a Buy.
Magic Software’s (MGIC) 50-Day exponential moving average is 25.21, while Magic Software’s (MGIC) share price is $22.67, making it a Buy.
Magic (MGIC) Pivot Points
Classic
27.07
27.18
27.32
27.43
27.57
27.68
27.82
Fibonacci
27.18
27.28
27.34
27.43
27.53
27.59
27.68
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
27.50Sell
27.39Sell
MA10
27.33Buy
27.22Buy
MA20
26.74Buy
26.77Buy
MA50
25.08Buy
25.21Buy
MA100
22.52Buy
23.19Buy
MA200
19.68Buy
19.98Buy
Magic Software’s (MGIC) 10-Day exponential moving average is 27.22, while Magic Software’s (MGIC) share price is $22.67, making it a Buy.
Magic Software’s (MGIC) 100-Day exponential moving average is 23.19, while Magic Software’s (MGIC) share price is $22.67, making it a Buy.
Magic Software’s (MGIC) stock price is $22.67 and Magic Software’s (MGIC) 50-day simple moving average is 25.08, creating a Buy signal.
Magic Software’s (MGIC) stock price is $22.67 and Magic Software’s (MGIC) 100-day simple moving average is 22.52, creating a Buy signal.
Magic Software’s (MGIC) stock price is $22.67 and Magic Software’s (MGIC) 200-day simple moving average is 19.68, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
59.66
Neutral
STOCH (9,6)
63.86
Neutral
STOCHRSI (14)
76.59
Neutral
MACD (12,26)
0.69
Buy
ADX (14)
18.15
Buy
Williams %R
-26.69
Buy
CCI (14)
70.42
Neutral
ATR (14)
0.67
-
Ultimate Oscillator
53.30
Neutral
ROC
4.19
Buy
Magic Software’s (MGIC) Relative Strength Index (RSI) is 59.66, creating a Neutral signal.
Magic Software’s (MGIC) Trend Strength Indicator (ADX) is 18.15, creating a Buy signal.
Magic Software’s (MGIC) Commodity Channel Index (CCI) is 70.42, creating a Neutral signal.
Magic Software’s (MGIC) Price Rate of Change (ROC) is 4.19, 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 59.66, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 0.69, which suggests MGIC is a Buy.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 27.50, which suggests MGIC is a Sell.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 26.74, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 25.08, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 19.68, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -26.69, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 70.42, which suggests MGIC is a Neutral.