MAGIC SOFTWARE Stock Forecast - Relative Strength Index

MGK Stock   11.00  0.70  6.80%   
MAGIC Stock Forecast is based on your current time horizon.
  
On November 21, 2024 MAGIC SOFTWARE ENTR had Relative Strength Index of 0.
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MAGIC SOFTWARE Trading Date Momentum

On November 22 2024 MAGIC SOFTWARE ENTR was traded for  10.20  at the closing time. The highest price during the trading period was 10.30  and the lowest recorded bid was listed for  10.20 . There was no trading activity during the period 1.0. Lack of trading volume on November 22, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.99% . The trading delta at closing time to the current price is 4.95% .
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Other Forecasting Options for MAGIC SOFTWARE

For every potential investor in MAGIC, whether a beginner or expert, MAGIC SOFTWARE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MAGIC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MAGIC. Basic forecasting techniques help filter out the noise by identifying MAGIC SOFTWARE's price trends.

MAGIC SOFTWARE Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MAGIC SOFTWARE stock to make a market-neutral strategy. Peer analysis of MAGIC SOFTWARE could also be used in its relative valuation, which is a method of valuing MAGIC SOFTWARE by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

MAGIC SOFTWARE ENTR Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MAGIC SOFTWARE's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of MAGIC SOFTWARE's current price.

MAGIC SOFTWARE Market Strength Events

Market strength indicators help investors to evaluate how MAGIC SOFTWARE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAGIC SOFTWARE shares will generate the highest return on investment. By undertsting and applying MAGIC SOFTWARE stock market strength indicators, traders can identify MAGIC SOFTWARE ENTR entry and exit signals to maximize returns.

MAGIC SOFTWARE Risk Indicators

The analysis of MAGIC SOFTWARE's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MAGIC SOFTWARE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magic stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for MAGIC Stock Analysis

When running MAGIC SOFTWARE's price analysis, check to measure MAGIC SOFTWARE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MAGIC SOFTWARE is operating at the current time. Most of MAGIC SOFTWARE's value examination focuses on studying past and present price action to predict the probability of MAGIC SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGIC SOFTWARE's price. Additionally, you may evaluate how the addition of MAGIC SOFTWARE to your portfolios can decrease your overall portfolio volatility.