Magic Software Enterprises (MGIC, $13.39) Moving Average Convergence Divergence (MACD) Histogram turned positive on March 11, 2025

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MGIC - Magic Software Enterprises Ltd
MACD signal
Bullish Trend
75%
Odds of UP Trend
Price: $13.39
Daily change: +$0.54 (+4.2%)
Daily volume: 735K
Capitalization: $680.9M
Industry: Information Technology Services

This is a Bullish indicator signaling MGIC's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 53 similar cases where MGIC's MACD histogram became positive, and 40 of them led to successful outcomes. Odds of Success: 75%.