MGIC
Magic Software·NASDAQ
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4.92 / 10
Netural
Technically, MGIC shows a neutral posture: a bullish Long Lower Shadow is offset by a bearish Marubozu White pattern. The composite score of 4.92/10 and balanced bullish-to-bearish indicator ratio imply short-term volatility without a clear trend, warranting cautious monitoring.
Analysis Checks(1/2)
Long Lower Shadow
Score8/10
Win Rate100.00%
Hist. Signals3
Avg Return1.81%
Score8/10
Win Rate100.00%
Hist. Signals3
Avg Return1.81%
Marubozu White
Score1.84/10
Win Rate40.74%
Hist. Signals27
Avg Return0.26%
Score1.84/10
Win Rate40.74%
Hist. Signals27
Avg Return0.26%
Long Lower Shadow
Score8/10
Win Rate100.00%
Hist. Signals3
Avg Return1.81%
Score8/10
Win Rate100.00%
Hist. Signals3
Avg Return1.81%
Marubozu White
Score1.84/10
Win Rate40.74%
Hist. Signals27
Avg Return0.26%
Score1.84/10
Win Rate40.74%
Hist. Signals27
Avg Return0.26%
What is the current technical signals for MGIC?
- MGIC presents a Netural setup with a Technical Score of 4.92/10. Key technical indicators highlight an RSI of 31.12 and a MACD of -1.29, with the trend anchored by the 50-Day SMA at 25.90. Traders should monitor key support at 21.28 and resistance at 22.08.
