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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
Technical Sentiment
Overall Consensus
Buy
11Bullish
5Neutral
6Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Buy
7Bullish
0Neutral
5Bearish
Magic Software Enterprises Ltd’s (MGIC) Moving Averages Convergence Divergence (MACD) indicator is 0.22, suggesting Magic Software Enterprises Ltd is a Buy.
Magic Software Enterprises Ltd’s (MGIC) 20-Day exponential moving average is 13.25, while Magic Software Enterprises Ltd’s (MGIC) share price is $13.17, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) 50-Day exponential moving average is 12.86, while Magic Software Enterprises Ltd’s (MGIC) share price is $13.17, making it a Buy.
Magic (MGIC) Pivot Points
Classic
13.07
13.17
13.28
13.38
13.49
13.59
13.71
Fibonacci
13.17
13.25
13.30
13.38
13.46
13.51
13.59
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
13.35Sell
13.38Sell
MA10
13.65Sell
13.40Sell
MA20
13.08Buy
13.25Sell
MA50
12.90Buy
12.86Buy
MA100
12.22Buy
12.38Buy
MA200
11.42Buy
11.74Buy
Magic Software Enterprises Ltd’s (MGIC) 10-Day exponential moving average is 13.40, while Magic Software Enterprises Ltd’s (MGIC) share price is $13.17, making it a Sell.
Magic Software Enterprises Ltd’s (MGIC) 100-Day exponential moving average is 12.38, while Magic Software Enterprises Ltd’s (MGIC) share price is $13.17, making it a Buy.
Magic Software Enterprises Ltd’s (MGIC) stock price is $13.17 and Magic Software Enterprises Ltd’s (MGIC) 50-day simple moving average is 12.90, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $13.17 and Magic Software Enterprises Ltd’s (MGIC) 100-day simple moving average is 12.22, creating a Buy signal.
Magic Software Enterprises Ltd’s (MGIC) stock price is $13.17 and Magic Software Enterprises Ltd’s (MGIC) 200-day simple moving average is 11.42, creating a Buy signal.
Magic (MGIC) Technical Indicators
RSI (14)
50.52
Neutral
STOCH (9,6)
15.23
Buy
STOCHRSI (14)
62.55
Neutral
MACD (12,26)
0.22
Buy
ADX (14)
20.51
Neutral
Williams %R
-40.93
Buy
CCI (14)
13.37
Neutral
ATR (14)
0.42
-
Ultimate Oscillator
51.36
Neutral
ROC
11.32
Buy
Magic Software Enterprises Ltd’s (MGIC) Relative Strength Index (RSI) is 50.52, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Trend Strength Indicator (ADX) is 20.51, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Commodity Channel Index (CCI) is 13.37, creating a Neutral signal.
Magic Software Enterprises Ltd’s (MGIC) Price Rate of Change (ROC) is 11.32, 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 50.52, which suggests MGIC is a Neutral.
What is MGIC’s MACD?
MGIC’s MACD is 0.22, which suggests MGIC is a Buy.
What is MGIC’s 5-day moving average?
MGIC’s 5-day moving average is 13.35, which suggests MGIC is a Sell.
What is MGIC’s 20-day moving average?
MGIC 20-day moving average is 13.08, which suggests MGIC is a Buy.
What is MGIC’s 50-day moving average?
MGIC’s 50-day moving average is 12.90, which suggests MGIC is a Buy.
What is MGIC’s 200-day moving average?
MGIC’s 200-day moving average is 11.42, which suggests MGIC is a Buy.
What is MGIC’s Williams % R (14)?
MGIC’s Williams % R (14) is -40.93, which suggests MGIC is a Buy.
What is MGIC’s CCI (14)?
MGIC’s CCI (14) is 13.37, which suggests MGIC is a Neutral.