Magic Software (Israel) Volume Indicators On Balance Volume

MGIC Stock  ILA 4,108  11.00  0.27%   
Magic Software volume indicators tool provides the execution environment for running the On Balance Volume indicator and other technical functions against Magic Software. Magic Software value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volume indicators indicators. As with most other technical indicators, the On Balance Volume indicator function is designed to identify and follow existing trends. Magic Software volume indicators are based on Chaikin accumulation (buying pressure) and distribution (selling pressure) factors to determine the likely sustainability of a given price move.

Indicator
The output start index for this execution was zero with a total number of output elements of sixty-one. The On Balance Volume indicator was developed by Joe Granville to show time series momentum that relates Magic Software Enter volume to price change. It can show when Magic Software is accumulated or sold by a large number of investors.

Magic Software Technical Analysis Modules

Most technical analysis of Magic Software help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Magic from various momentum indicators to cycle indicators. When you analyze Magic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magic Software Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magic Software Enterprises. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magic Software Enterprises based on widely used predictive technical indicators. In general, we focus on analyzing Magic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magic Software's daily price indicators and compare them against related drivers, such as volume indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magic Software's intrinsic value. In addition to deriving basic predictive indicators for Magic Software, we also check how macroeconomic factors affect Magic Software price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
4,1064,1084,110
Details
Intrinsic
Valuation
LowRealHigh
3,4513,4544,519
Details
Naive
Forecast
LowNextHigh
4,1684,1714,173
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4,0144,2344,454
Details

Align your values with your investing style

In addition to having Magic Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

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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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
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Macroaxis Index Idea
Macroaxis Index
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Banking Idea
Banking
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Macroaxis Picks Idea
Macroaxis Picks
Invested over 40 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
ESG Investing Idea
ESG Investing
Invested few shares

Additional Information and Resources on Investing in Magic Stock

When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.