RSI signal
71%
Odds of DOWN TrendPrice: $13.9
Daily change: -$0.3 (-2.11%)
Daily volume: 150.4K
Capitalization: $686.6M
Industry: Information Technology Services
This is a signal that MGIC's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 42 similar cases where MGIC's RSI Indicator left the overbought zone, and in 30 of them led to a successful outcome. Odds of Success: 71%.