Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.


Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low MGIC Price Change
8.65 8.65 8.45 8.65 +0.05
Entry Signal

MarketClub’s Trade Triangles for MGIC

long term up The long term trend has been UP since Jun 8th, 2018 at 8.90

intermediate term up The intermediate term trend has been UP since Jul 10th, 2018 at 8.40

short term down The short term trend has been DOWN since Aug 10th, 2018 at 8.55

Smart Scan Analysis for MGIC

Based on a pre-defined weighted trend formula for chart analysis, MGIC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MGIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.65 8.65 8.45 8.65 +0.05
Prev. Close Volume Bid Ask Time
8.65 17082 2018-08-15 15:59:33
Year High9.25Year High Date2018-01-25
Year Low7.75Year Low Date2018-03-01
52wk High9.552wk High Date2017-10-12
52wk Low7.652wk Low Date2017-08-28
Year End Close4.7Average Volume67,693
Shares Outstanding36,612Short Interest253,135
% Institutional4.5Assets73.7M
Want to analyze MAGIC SOFTWARE MGIC or another symbol? Try our Free Stock Trend Analysis Report.