tradingkey.logo
tradingkey.logo
Search

Magic Software Enterprises Ltd

MGIC
Add to Watchlist
17.380USD
0.0000.00%
Close 07/02, 13:00ETQuotes delayed by 15 min
891.52MMarket Cap
21.40P/E TTM

Price Momentum

Currency: USD Updated: 2026-02-23
Previous score
7.10
Change
-0.39
The current price momentum score of Magic Software Enterprises Ltd is 6.71, ranking 184 out of 479 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 24.13 and the support level at 13.84, making it suitable for range-bound swing trading.

Support & Resistance

Relevant data have not been disclosed by the company yet.

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators
Sell(3)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-0.857
Sell
RSI(14)
30.705
Neutral
STOCH(KDJ)(9,3,3)
16.826
Oversold
ATR(14)
1.629
High Vlolatility
CCI(14)
-91.574
Neutral
Williams %R
96.816
Oversold
TRIX(12,20)
-1.399
Sell
StochRSI(14)
53.354
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
18.200
Sell
MA10
19.498
Sell
MA20
22.325
Sell
MA50
24.928
Sell
MA100
23.442
Sell
MA200
21.106
Sell

FAQs

What is a technical rating?

Also commonly known as a technical analysis rating, it is an automated quantitative evaluation tool in financial trading and investing based on Technical Analysis indicators. It combines ratings from multiple technical indicators, making it easier for traders and investors to identify profitable trades.

What is a moving average?

A moving average is a technical analysis indicator that calculates the average closing price over a past period of time and connects the values into a line on a chart. It smooths price fluctuations, filters out market noise, and helps traders see the overall price trend more clearly. Because it is calculated based on historical data, it has a lagging nature.

Based on technical analysis, should I buy or sell Magic Software Enterprises Ltd?

Based on moving averages and other technical indicators, today's signal is Sell.

What is the current status of Magic Software Enterprises Ltd's technical indicators?

Magic Software Enterprises Ltd's technical indicators currently show 0 buy signals and 3 sell signals.

What is the current moving average status of Magic Software Enterprises Ltd?

Based on MA5 to MA200, Magic Software Enterprises Ltd's moving averages show 0 buy signals and 6 sell signals.