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Magic Software Enterprises Stock Price Chart
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Buy
64
MGIC
Magic Software Enterprises
Last Price:
$12.57
Seasonality Move:
1.06%
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Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and MGIC is experiencing buying pressure, which is a positive indicator for future bullish movement.
Magic Software Enterprises Price Chart Indicators
| Moving Averages | Level | Buy or Sell |
|---|---|---|
| 8-day SMA: | 12.1 | Buy |
| 20-day SMA: | 12 | Buy |
| 50-day SMA: | 11.8 | Buy |
| 200-day SMA: | 11.26 | Buy |
| 8-day EMA: | 12.23 | Buy |
| 20-day EMA: | 12.08 | Buy |
| 50-day EMA: | 11.86 | Buy |
| 200-day EMA: | 11.41 | Buy |
Magic Software Enterprises Technical Analysis Indicators
| Chart Indicators | Level | Buy or Sell |
|---|---|---|
| MACD (12, 26): | 0.12 | Buy |
| Relative Strength Index (14 RSI): | 59.21 | Buy |
| Chaikin Money Flow: | 46552 | - |
| Bollinger Bands | Level | Buy or Sell |
|---|---|---|
| Bollinger Bands (25): | (11.78 - 12.4) | Buy |
| Bollinger Bands (100): | (10.94 - 12.06) | Buy |
Magic Software Enterprises Technical Analysis
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| 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 12.60 while MGIC 8-day simple moving average is 12.10, which is a Buy signal.
-
The stock price of MGIC is 12.60 while Magic Software Enterprises 20-day SMA is 12.00, which makes it a Buy.
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Magic Software Enterprises 50-day simple moving average is 11.80 while MGIC share price is 12.60, making it a Buy technically.
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MGIC stock price is 12.60 and Magic Software Enterprises 200-day simple moving average is 11.26, creating a Buy signal.
MGIC Technical Analysis vs Fundamental Analysis
Buy
64
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 $12.60. The Score for MGIC is 64, which is 28% above its historic median score of 50, and infers lower risk than normal.
Magic Software Enterprises Stock Info
Market Cap:
618.7M
Price in USD:
12.60
Share Volume:
46.6K
Magic Software Enterprises 52-Week Range
52-Week High:
13.40
52-Week Low:
9.51
Buy
64
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 12.60 USD today.
-
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 12.60 while MGIC 8-day exponential moving average is 12.23, which is a Buy signal.
-
The stock price of MGIC is 12.60 while Magic Software Enterprises 20-day EMA is 12.08, which makes it a Buy.
-
Magic Software Enterprises 50-day exponential moving average is 11.86 while MGIC share price is 12.60, making it a Buy technically.
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MGIC stock price is 12.60 and Magic Software Enterprises 200-day simple moving average is 11.41, creating a Buy signal.
Fundamental Analysis of Magic Software Enterprises
Is Magic Software Enterprises a good investment?
-
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 0.12, suggesting Magic Software Enterprises is a Buy
-
Magic Software Enterprises Relative Strength Index (RSI) is 59.21, which suggest Magic Software Enterprises is overbought
-
The Bollinger Bands (25) for Magic Software Enterprises is (11.78 - 12.4), which suggest Magic Software Enterprises is a Buy
-
The Bollinger Bands (100) for Magic Software Enterprises is (10.94 - 12.06), 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.