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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Technical Sentiment
Overall Consensus
Buy
15Bullish
1Neutral
6Bearish
Technical Analysis Consensus
Sell
3Bullish
1Neutral
6Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 1.19, suggesting Magic Software Enterprises Ltd is a Sell.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 17.85, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.7, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 16.25, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.7, making it a Buy.
Magic (MGIC) Pivot Points
Classic
19.07
19.36
19.85
20.14
20.63
20.92
21.41
Fibonacci
19.36
19.66
19.85
20.14
20.44
20.63
20.92
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
19.61Buy
19.75Buy
MA10
18.65Buy
18.88Buy
MA20
17.40Buy
17.85Buy
MA50
15.91Buy
16.25Buy
MA100
14.30Buy
14.86Buy
MA200
12.82Buy
13.27Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 18.88, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.7, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 14.86, while Magic Software Enterprises Ltd’s (MGIC) share price is $20.7, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.7 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 15.91, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.7 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 14.30, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $20.7 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 12.82, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
85.72
Sell
STOCH (9,6)
95.52
Sell
STOCHRSI (14)
97.01
Sell
MACD (12,26)
1.19
Sell
ADX (14)
34.74
Neutral
Williams %R
-2.24
Sell
CCI (14)
170.63
Sell
ATR (14)
0.55
-
Ultimate Oscillator
71.17
Buy
ROC
31.10
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 85.72, creating a Sell signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 34.74, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 170.63, creating a Sell signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 31.10, 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 85.72, which suggests MGIC is a Sell.
What is MGIC’s MACD?
MGIC’s MACD is 1.19, which suggests MGIC is a Sell.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 19.61, which suggests MGIC is a Buy.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 17.40, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 15.91, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 12.82, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -2.24, which suggests MGIC is a Sell.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 170.63, which suggests MGIC is a Sell.