Magic Software's 15min chart shows KDJ Death Cross, Bearish Marubozu pattern

Thursday, Jul 17, 2025 2:23 pm ET1min read
MGIC--

According to the 15-minute chart analysis, Magic Software's technical indicators have triggered a bearish signal, specifically a KDJ Death Cross and a Bearish Marubozu at 07/17/2025 14:15. This suggests that the momentum of the stock price is shifting towards a downward trend and may continue to decline, as sellers currently hold control of the market. The bearish momentum is expected to persist, warranting caution among investors.

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