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Magic Software Enterprises Stock Price Chart
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Buy
59
MGIC
Magic Software Enterprises
Last Price:
$11.42
Seasonality Move:
3.09%
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Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and MGIC is experiencing slight selling pressure.
Magic Software Enterprises Price Chart Indicators
| Moving Averages | Level | Buy or Sell |
|---|---|---|
| 8-day SMA: | 11.87 | Sell |
| 20-day SMA: | 12.03 | Sell |
| 50-day SMA: | 11.69 | Sell |
| 200-day SMA: | 11.25 | Buy |
| 8-day EMA: | 11.82 | Sell |
| 20-day EMA: | 11.91 | Sell |
| 50-day EMA: | 11.76 | Sell |
| 200-day EMA: | 11.36 | Buy |
Magic Software Enterprises Technical Analysis Indicators
| Chart Indicators | Level | Buy or Sell |
|---|---|---|
| MACD (12, 26): | -0.02 | Sell |
| Relative Strength Index (14 RSI): | 41.09 | Sell |
| Chaikin Money Flow: | -25676 | - |
| Bollinger Bands | Level | Buy or Sell |
|---|---|---|
| Bollinger Bands (25): | (11.76 - 12.4) | Sell |
| Bollinger Bands (100): | (10.85 - 11.97) | Buy |
Magic Software Enterprises Technical Analysis
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| Dec | Jan | |||||||||
| 26 | 27 | 30 | 31 | 02 | 03 | 06 | 07 | 08 | 10 | |
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| MACD (12, 26): | ||||||||||
| Relative Strength Index (14 RSI): | ||||||||||
| Bollinger Bands (25): | ||||||||||
| Bollinger Bands (100): | ||||||||||
Technical Analysis for Magic Software Enterprises Stock
Is Magic Software Enterprises Stock a Buy?
-
Magic Software Enterprises share price is 11.45 while MGIC 8-day simple moving average is 11.87, which is a Sell signal.
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The stock price of MGIC is 11.45 while Magic Software Enterprises 20-day SMA is 12.03, which makes it a Sell.
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Magic Software Enterprises 50-day simple moving average is 11.69 while MGIC share price is 11.45, making it a Sell technically.
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MGIC stock price is 11.45 and Magic Software Enterprises 200-day simple moving average is 11.25, creating a Buy signal.
MGIC Technical Analysis vs Fundamental Analysis
Buy
59
Magic Software Enterprises (MGIC)
is a Buy
Is Magic Software Enterprises a Buy or a Sell?
-
Magic Software Enterprises stock is rated a BuyThe current Magic Software Enterprises [MGIC] share price is $11.45. The Score for MGIC is 59, which is 18% above its historic median score of 50, and infers lower risk than normal.
Magic Software Enterprises Stock Info
Market Cap:
562.2M
Price in USD:
11.45
Share Volume:
52.9K
Magic Software Enterprises 52-Week Range
52-Week High:
13.40
52-Week Low:
9.51
Buy
59
Magic Software Enterprises (MGIC)
is a Buy
Magic Software Enterprises Share Price Forecast
-
What is the Magic Software Enterprises stock price today?The Magic Software Enterprises stock price is 11.45 USD today.
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Will MGIC stock go up or go down?Magic Software Enterprises> share price is forecast to RISE/FALL based on technical indicators
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Is Magic Software Enterprises overvalued?According to simple moving average, exponential moving average, oscillators, and other technical indicators, Magic Software Enterprises is not overvalued.
Is Magic Software Enterprises Stock a Buy?
-
Magic Software Enterprises share price is 11.45 while MGIC 8-day exponential moving average is 11.82, which is a Sell signal.
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The stock price of MGIC is 11.45 while Magic Software Enterprises 20-day EMA is 11.91, which makes it a Sell.
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Magic Software Enterprises 50-day exponential moving average is 11.76 while MGIC share price is 11.45, making it a Sell technically.
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MGIC stock price is 11.45 and Magic Software Enterprises 200-day simple moving average is 11.36, creating a Buy signal.
Fundamental Analysis of Magic Software Enterprises
Is Magic Software Enterprises a good investment?
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Analysts estimate an earnings increase this quarter of $0.00 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.04 per share, and an increase next year of $0.05 per share.
Technical Analysis of Magic Software Enterprises
Should I short Magic Software Enterprises stock?
-
MGIC Moving Average Covergence Divergence (MACD) indicator is -0.02, suggesting Magic Software Enterprises is a Sell
-
Magic Software Enterprises Relative Strength Index (RSI) is 41.09, which suggest Magic Software Enterprises is oversold
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The Bollinger Bands (25) for Magic Software Enterprises is (11.76 - 12.4), which suggest Magic Software Enterprises is a Buy
-
The Bollinger Bands (100) for Magic Software Enterprises is (10.85 - 11.97), which suggest Magic Software Enterprises is a Buy
* Magic Software Enterprises stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.