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Stock Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

MGIC Investment Corporation (NYSE:MTG)

Sidelines Mode (+55) - MTG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
15.290 15.470 14.975 15.030 -0.380
Entry Signal

MarketClub’s Trade Triangles for MTG

long term up The long-term trend has been UP since Jan 13th, 2022 at 16.665

intermediate term up The intermediate-term trend has been UP since Jan 3rd, 2022 at 14.550

short term down The short-term trend has been DOWN since Jan 18th, 2022 at 16.220

Smart Scan Analysis for MTG

Based on our trend formula, MTG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.290 15.470 14.975 15.030 -0.380
Prev. Close Volume Bid Ask Time
15.030 2998161 2022-01-21 15:59:40
Year High16.21Year High Date2018-01-18
Year Low9.97Year Low Date2018-04-26
52wk High16.84552wk High Date2022-01-13
52wk Low11.5652wk Low Date2021-01-27
Year End Close2.66Average Volume3,166,617
Shares Outstanding325,583Short Interest29,959,904
% Institutional83.2Market Cap4,692M
Assets751,130,900MLiabilities263,388,900M
P/E Ratio8.7062Beta3.55
Volatility34.75
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