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Stock Trend Analysis Report

Prepared for you on Wednesday, June 3, 2020.

MGIC Investment Corp (NYSE:MTG)

Crossroads (+60) - MTG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
9.070 9.145 8.870 9.015 +0.255
Entry Signal

MarketClub’s Trade Triangles for MTG

long term down The long-term trend has been DOWN since Feb 18th, 2020 at 13.540

intermediate term up The intermediate-term trend has been UP since Apr 29th, 2020 at 7.500

short term up The short-term trend has been UP since Jun 3rd, 2020 at 8.925

Smart Scan Analysis for MTG

Based on our trend formula, MTG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.070 9.145 8.870 9.015 +0.255
Prev. Close Volume Bid Ask Time
6.970 3383578 2020-06-03 15:32:07
Year High16.21Year High Date2018-01-18
Year Low9.97Year Low Date2018-04-26
52wk High15.2452wk High Date2020-02-04
52wk Low4.3452wk Low Date2020-03-18
Year End Close2.66Average Volume7,285,769
Shares Outstanding345,853Short Interest29,959,904
% Institutional83.2Market Cap4,692M
Assets622,957,100MLiabilities192,033,700M
P/E Ratio3.8Beta3.55
Volatility34.75
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