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Stock Trend Analysis Report

Prepared for you on Sunday, October 17, 2021.

MGIC Investment Corporation (NYSE:MTG)

Long-Term Uptrend (+90) - MTG is in a strong uptrend that is likely to continue. While MTG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
16.53 16.62 16.35 16.38 -0.02
Entry Signal

MarketClub’s Trade Triangles for MTG

long term up The long-term trend has been UP since Aug 27th, 2021 at 15.485

intermediate term up The intermediate-term trend has been UP since Sep 27th, 2021 at 15.410

short term up The short-term trend has been UP since Oct 1st, 2021 at 15.390

Smart Scan Analysis for MTG

Based on our trend formula, MTG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.53 16.62 16.35 16.38 -0.02
Prev. Close Volume Bid Ask Time
16.37 1786811 2021-10-15 15:59:52
Year High16.21Year High Date2018-01-18
Year Low9.97Year Low Date2018-04-26
52wk High16.4552wk High Date2021-10-14
52wk Low9.4252wk Low Date2020-10-29
Year End Close2.66Average Volume2,498,200
Shares Outstanding339,322Short Interest29,959,904
% Institutional83.2Market Cap4,692M
Assets757,572,700MLiabilities266,102,000M
P/E Ratio9.7041Beta3.55
Volatility34.75
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