$17.380
-1.809 (-10.41%)At close
Technical Sentiment
Overall Consensus
Technical Analysis Consensus
Moving Average Consensus
Magic Software Enterprises Ltd (MGIC) Moving Averages Convergence Divergence (MACD) indicator is -2.13, suggesting MGIC is Strong sell.
Magic Software Enterprises Ltd (MGIC) 20-Day simple moving average is 22.32, while Magic Software Enterprises Ltd (MGIC) share price is $—, making it Sell.
Magic Software Enterprises Ltd (MGIC) 60-Day simple moving average is 24.84, while Magic Software Enterprises Ltd (MGIC) share price is $—, making it Sell.
Technical Analysis for MGIC
AI Technical MGICAs of 2026-02-20, the technical board for Magic Software Enterprises Ltd (MGIC) reads strong sell: 2 indicators are flashing buy, 9 are indicating sell, and 2 are neutral. Price at $17.38 sits below every tracked moving average (5-day, 10-day, 20-day, 60-day and 200-day).
Momentum readings: RSI stands at 30.705, MACD stands at -2.131 (Sell), Stochastic %K stands at 15.456 (Buy), Stochastic %D stands at 14.14 and CCI stands at -102.04 (Buy).
MGIC trades below the 60-day SMA (24.84) and below the 200-day SMA (21.11). Immediate resistance sits at Classic R1 22.91, then R2 26.33. Support sits at Classic S1 16.57, then S2 13.65.
Magic Software Enterprises Ltd (MGIC) Support & Resistance Level
Magic Software Enterprises Ltd (MGIC) Technical Indicators
2026-02-20
| Name | Value |
|---|---|
| RSI_14 | 30.705 |
| STOCHk_14_3_3 | 15.456 |
| STOCHd_14_3_3 | 14.140 |
| CCI_20 | -102.040 |
| AO_5_34 | -6.010 |
| MOM_10 | -4.470 |
| MACD_12_26_9 | -2.131 |
Magic Software Enterprises Ltd (MGIC) Relative Strength Index (RSI_14) is 30.705, creating a Neutral signal.
Magic Software Enterprises Ltd (MGIC) Stochastic %K is 15.456, creating a Buy signal.
Magic Software Enterprises Ltd (MGIC) Stochastic %D is 14.140, creating a Buy signal.
Magic Software Enterprises Ltd (MGIC) CCI_20 is -102.040, creating a Buy signal.
Magic Software Enterprises Ltd (MGIC) Awesome Oscillator (AO) is -6.010, creating a Sell signal.
Magic Software Enterprises Ltd (MGIC) Momentum (MOM) is -4.470, creating a Sell signal.
Magic Software Enterprises Ltd (MGIC) Moving Average Convergence Divergence (MACD) is -2.131, creating a Sell signal.
Magic Software Enterprises Ltd (MGIC) Moving Average
2026-02-20
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 18.200 | Sell |
| MA_10 | 19.498 | Sell |
| MA_20 | 22.325 | Sell |
| MA_60 | 24.836 | Sell |
| MA_200 | 21.106 | Sell |
| MA_250 | 19.475 | Sell |
Magic Software Enterprises Ltd (MGIC) 5-Day simple moving average is 18.200, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
Magic Software Enterprises Ltd (MGIC) 10-Day simple moving average is 19.498, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
Magic Software Enterprises Ltd (MGIC) 20-Day simple moving average is 22.325, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
Magic Software Enterprises Ltd (MGIC) 60-Day simple moving average is 24.836, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
Magic Software Enterprises Ltd (MGIC) 200-Day simple moving average is 21.106, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
Magic Software Enterprises Ltd (MGIC) 250-Day simple moving average is 19.475, while Magic Software Enterprises Ltd (MGIC) share price is $, making it a Sell.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.