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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Technical Sentiment
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 1.04, suggesting Magic Software Enterprises Ltd is a Buy.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 20.50, while Magic Software Enterprises Ltd’s (MGIC) share price is $21.41, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 18.49, while Magic Software Enterprises Ltd’s (MGIC) share price is $21.41, making it a Buy.
Magic (MGIC) Pivot Points
Classic
20.95
21.14
21.30
21.49
21.65
21.84
22.00
Fibonacci
21.14
21.27
21.36
21.49
21.62
21.71
21.84
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
21.47Sell
21.41Buy
MA10
21.18Buy
21.20Buy
MA20
20.80Buy
20.50Buy
MA50
18.05Buy
18.49Buy
MA100
15.62Buy
16.50Buy
MA200
13.58Buy
14.30Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 21.20, while Magic Software Enterprises Ltd’s (MGIC) share price is $21.41, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 16.50, while Magic Software Enterprises Ltd’s (MGIC) share price is $21.41, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $21.41 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 18.05, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $21.41 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 15.62, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $21.41 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 13.58, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
69.64
Neutral
STOCH (9,6)
78.76
Neutral
STOCHRSI (14)
73.59
Neutral
MACD (12,26)
1.04
Buy
ADX (14)
46.99
Neutral
Williams %R
-32.24
Buy
CCI (14)
63.37
Neutral
ATR (14)
0.53
-
Ultimate Oscillator
52.12
Neutral
ROC
2.05
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 69.64, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 46.99, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 63.37, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 2.05, 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 69.64, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 1.04, which suggests MGIC is a Buy.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 21.47, which suggests MGIC is a Sell.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 20.80, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 18.05, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 13.58, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -32.24, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 63.37, which suggests MGIC is a Neutral.