Mgic Investment $MTG Trading Report

The Mgic Investment (NYSE: MTG) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for MTG, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Neutral
P1 0 0 12.51
P2 14.04 14.04 13.69
P3 14.25 14.33 14.83

Long Term Trading Plans for MTG

November 27, 2019, 2:00 pm ET

The Technical Summary and Trading Plans for MTG help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this MTG Report.

MTG - (Long) Support Plan

The technical summary data tells us to buy MTG near 13.69 with an upside target of 14.83. This data also tells us to set a stop loss @ 13.43 to protect against excessive loss in case the stock begins to move against the trade. 13.69 is the first level of support below 14.48 , and by rule, any test of support is a buy signal. In this case, support 13.69 is being tested, a buy signal would exist.

MTG - (Short) Resistance Plan

The technical summary data is suggesting a short of MTG as it gets near 14.83 with a downside target of 13.69. We should have a stop loss in place at 15.09 though. 14.83 is the first level of resistance above 14.48, and by rule, any test of resistance is a short signal. In this case, if resistance 14.83 is being tested, a short signal would exist.

MTG Long Term Analysis

MTG EPS Analysis

MTG Dividend Chart

MTG Revenue chart

MTG Growth rate - Quarterly

MTG Growth rate - Yearly

MTG PE chart

MTG PEG chart