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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.
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MarketClub’s Trade Triangles for MTG
The long-term trend has been DOWN since Feb 18th, 2020 at 13.540
The intermediate-term trend has been UP since Apr 29th, 2020 at 7.500
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).
| 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 High | 16.21 | Year High Date | 2018-01-18 |
| Year Low | 9.97 | Year Low Date | 2018-04-26 |
| 52wk High | 15.24 | 52wk High Date | 2020-02-04 |
| 52wk Low | 4.34 | 52wk Low Date | 2020-03-18 |
| Year End Close | 2.66 | Average Volume | 7,285,769 |
| Shares Outstanding | 345,853 | Short Interest | 29,959,904 |
| % Institutional | 83.2 | Market Cap | 4,692M |
| Assets | 622,957,100M | Liabilities | 192,033,700M |
| P/E Ratio | 3.8 | Beta | 3.55 |
| Volatility | 34.75 |