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Mgic Investment Corp.(MTG)

$20.571.68%

Insights

  • Mgic Investment Corp. is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Mgic Investment Corp. stock suggests that it is range bound and no decision can be made based on this information
  • Based on analysis of the Moving Averages technical indicator, Mgic Investment Corp. stock is Range bound.
  • Based on analysis of the Pivot Points, the current market trend for Mgic Investment Corp. stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
41.77
Neutral
Stochastic
9.36, 11.56
Neutral
Ultimate Oscillator
35.86
Neutral
Stochastic Relative Strength Index
6.85, 7.91
Neutral
Moving Average Convergence Divergence
-0.03, 0.07
Sell

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
20.74
Sell
20
20.83
Buy
50
20.78
Buy

Exponential Moving Average

Period (Days)

Value

Action

10
20.62
Sell
20
20.68
Buy
50
20.58
Buy

Volume Weighted Moving Average

Period (Days)

Value

Action

10
20.75
Neutral
20
20.81
Neutral
50
20.82
Neutral

Double Exponential Moving Average

Period (Days)

Value

Action

10
20.46
Sell
20
20.68
Sell
50
20.83
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
20.29
Sell
20
20.58
Sell
50
20.77
Sell

Pivot

Pivot

Value

Resistance L3
20.96
Resistance L2
20.81
Resistance L1
20.61
Pivot Point
20.46
Support L1
20.27
Support L2
20.12
Support L3
19.92

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.