tiprankstipranks
Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Holding MGIC?
Track your performance easily

Magic (MGIC) Technical Analysis

278 Followers

Technical Sentiment

Overall Consensus
Sell
5Bullish
5Neutral
11Bearish
Technical Analysis Consensus
Buy
3Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is -0.05, suggesting Magic Software Enterprises Ltd is a Buy.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 11.12, while Magic Software Enterprises Ltd’s (MGIC) share price is $10.99, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 11.13, while Magic Software Enterprises Ltd’s (MGIC) share price is $10.99, making it a Sell.

Magic (MGIC) Pivot Points

Nov 24, 2024, 07:00 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
10.55
10.69
10.84
10.98
11.13
11.27
11.42
Fibonacci
10.69
10.80
10.87
10.98
11.09
11.16
11.27
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

Nov 24, 2024, 07:00 PM
Period
Simple
Exponential
MA5
10.97Buy
11.02Sell
MA10
11.16Sell
11.07Sell
MA20
11.12Sell
11.12Sell
MA50
11.29Sell
11.13Sell
MA100
11.02Sell
11.03Sell
MA200
11.00Sell
10.86Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 11.07, while Magic Software Enterprises Ltd’s (MGIC) share price is $10.99, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 11.03, while Magic Software Enterprises Ltd’s (MGIC) share price is $10.99, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) stock price is $10.99 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 11.29, creating a Sell signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $10.99 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 11.02, creating a Sell signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $10.99 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 11.00, creating a Sell signal.

Magic (MGIC) Technical Indicators

Nov 24, 2024, 07:00 PM
Name
Value
Implied Action
RSI (14)
46.49
Neutral
STOCH (9,6)
30.14
Neutral
STOCHRSI (14)
44.81
Neutral
MACD (12,26)
-0.05
Buy
ADX (14)
14.26
Buy
Williams %R
-53.28
Buy
CCI (14)
-47.51
Neutral
ATR (14)
0.32
-
Ultimate Oscillator
48.05
Neutral
ROC
0.00
-
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 46.49, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 14.26, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is -47.51, creating a Neutral signal.

FAQ

Is MGIC a Buy, Hold, or Sell?
Based on MGIC’s technical indicators, MGIC is a Sell.
    What is MGIC’s RSI (14)?
    MGIC’s RSI (14) is 46.49, which suggests MGIC is a Neutral.
      What is MGIC’s MACD?
      MGIC’s MACD is -0.05, which suggests MGIC is a Buy.
        What is MGIC’s 5-day moving average?
        MGIC’s 5-day moving average is 10.97, which suggests MGIC is a Buy.
          What is MGIC’s 20-day moving average?
          MGIC 20-day moving average is 11.12, which suggests MGIC is a Sell.
            What is MGIC’s 50-day moving average?
            MGIC’s 50-day moving average is 11.29, which suggests MGIC is a Sell.
              What is MGIC’s 200-day moving average?
              MGIC’s 200-day moving average is 11.00, which suggests MGIC is a Sell.
                What is MGIC’s Williams % R (14)?
                MGIC’s Williams % R (14) is -53.28, which suggests MGIC is a Buy.
                  What is MGIC’s CCI (14)?
                  MGIC’s CCI (14) is -47.51, which suggests MGIC is a Neutral.
                    What am I Missing?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis