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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
MGIC Investment Corporation (NYSE:MTG)
Bull Market Weakness (+75) - MTG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MTG as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MTG
The long-term trend has been UP since Apr 27th, 2023 at 14.69
The intermediate-term trend has been UP since Nov 25th, 2024 at 25.54
The short-term trend has been DOWN since Dec 3rd, 2024 at 25.86
Smart Scan Analysis for MTG
Based on our trend formula, MTG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26.140 | 26.198 | 25.805 | 25.915 | -0.115 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26.030 | 213660 | 2024-12-03 11:52:17 |
| Year High | 16.21 | Year High Date | 2018-01-18 |
| Year Low | 9.97 | Year Low Date | 2018-04-26 |
| 52wk High | 26.56 | 52wk High Date | 2024-11-25 |
| 52wk Low | 17.42 | 52wk Low Date | 2023-12-07 |
| Year End Close | 2.66 | Average Volume | 1,587,095 |
| Shares Outstanding | 253,365 | Short Interest | 29,959,904 |
| % Institutional | 83.2 | Market Cap | 4,692M |
| Assets | 667,778,400M | Liabilities | 138,370,800M |
| P/E Ratio | 9.1655 | Beta | 3.55 |
| Volatility | 34.75 |