Magic Software Enterprises (MGIC, $11.9) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 2, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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MGIC - Magic Software Enterprises Ltd
MACD signal
Bullish Trend
Odds of UP Trend
MACD signal
Price: $11.9
Daily change: +$0.18 (+1.54%)
Daily volume: 54.3K
Capitalization: $571.6M
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 52 similar cases where MGIC's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:
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MGICDaily Signal changed days agoGain/Loss if shorted
 
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General Information

a provider of mobile and cloud-enabled application platform and business integration solutions

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Packaged Software
Address
Yahadut Canada 1 Street
Phone
+972 35389243
Employees
4161
Web
https://www.magicsoftware.com