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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

MGIC Investment Corporation (NYSE:MTG)

Strong Uptrend (+100) - MTG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MTG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid MTG?

MarketClub looks at technical strength and momentum to determine if the timing is right for MTG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MTG
Open High Low MTG Price Change
23.430 23.655 23.315 23.590 +0.190
Entry Signal

MarketClub’s Trade Triangles for MTG

long term up The long-term trend has been UP since Apr 27th, 2023 at 14.6900

intermediate term up The intermediate-term trend has been UP since Jun 3rd, 2024 at 21.3922

short term up The short-term trend has been UP since Jul 11th, 2024 at 21.7500

Smart Scan Analysis for MTG

Based on our trend formula, MTG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for MTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.430 23.655 23.315 23.590 +0.190
Prev. Close Volume Bid Ask Time
23.590 1084687 2024-07-22 15:59:18
Year High16.21Year High Date2018-01-18
Year Low9.97Year Low Date2018-04-26
52wk High23.83752wk High Date2024-07-18
52wk Low16.352wk Low Date2023-10-03
Year End Close2.66Average Volume1,719,589
Shares Outstanding266,587Short Interest29,959,904
% Institutional83.2Market Cap4,692M
Assets653,524,600MLiabilities143,290,300M
P/E Ratio9Beta3.55
Volatility34.75
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