Magic Software Triggers MACD Death Cross, Bollinger Bands Narrowing on 15min Chart

Friday, Feb 6, 2026 3:47 pm ET1min read
MGIC--

Magic Software's 15-minute chart has recently triggered a MACD Death Cross, accompanied by Bollinger Bands Narrowing on February 6, 2026, at 15:45. This development suggests that the stock price has the potential to continue its downward trajectory, with a decreasing magnitude of fluctuations in its movement.

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