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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Holding MGIC?
Track your performance easily
Technical Sentiment
Overall Consensus
Strong Buy
16Bullish
5Neutral
1Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 0.11, suggesting Magic Software Enterprises Ltd is a Buy.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 11.83, while Magic Software Enterprises Ltd’s (MGIC) share price is $12.03, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 11.54, while Magic Software Enterprises Ltd’s (MGIC) share price is $12.03, making it a Buy.
Magic (MGIC) Pivot Points
Classic
11.25
11.38
11.56
11.69
11.87
12.00
12.18
Fibonacci
11.38
11.50
11.57
11.69
11.81
11.88
12.00
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
11.83Buy
11.87Buy
MA10
11.87Buy
11.88Buy
MA20
11.97Buy
11.83Buy
MA50
11.41Buy
11.54Buy
MA100
11.11Buy
11.25Buy
MA200
10.96Buy
10.97Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 11.88, while Magic Software Enterprises Ltd’s (MGIC) share price is $12.03, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 11.25, while Magic Software Enterprises Ltd’s (MGIC) share price is $12.03, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $12.03 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 11.41, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $12.03 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 11.11, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $12.03 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 10.96, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
55.65
Neutral
STOCH (9,6)
24.98
Neutral
STOCHRSI (14)
21.45
Neutral
MACD (12,26)
0.11
Buy
ADX (14)
14.76
Buy
Williams %R
-60.00
Buy
CCI (14)
-5.97
Neutral
ATR (14)
0.44
-
Ultimate Oscillator
32.28
Neutral
ROC
-1.88
Sell
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 55.65, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 14.76, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is -5.97, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is -1.88, creating a Sell 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 55.65, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 0.11, which suggests MGIC is a Buy.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 11.83, which suggests MGIC is a Buy.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 11.97, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 11.41, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 10.96, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -60.00, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is -5.97, which suggests MGIC is a Neutral.