Magic Software (Israel) Price Patterns

MGIC Stock  ILA 5,596  0.00  0.00%   
As of today, RSI for Magic Software registers 27, placing the security in oversold territory. Values below 30 typically indicate extended downward momentum relative to recent price action.
Momentum
Sell Stretched
 
Oversold
 
Overbought
The successful prediction of Magic Software's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Magic Software Enterprises, which may create opportunities for some arbitrage if properly timed.
This view frames how Magic Software Enterprises responds to recent headlines and peer activity within its market context.
This sentiment view summarizes headline intensity and market attention around Magic Software to frame short-term volatility context.
Magic Software after-hype prediction price
    
  ILA 5596.0  
Sentiment indicators are one input among forecasting models, technical signals, analyst estimates, earnings data, and momentum measures.
  
Magic Software has a market cap of 2.91 B, operating margin of 11.33%, ROE of 14.8%. Use Correlation Analysis to explore allocation context. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magic Software's price to converge to an average value over time is called mean reversion.
Intrinsic
Valuation
LowRealHigh
5,0335,0366,156
Details
Naive
Forecast
LowNextHigh
6,0376,0416,045
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,4775,6365,795
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magic Software. Your research has to be compared to or analyzed against Magic Software's peers to derive any actionable benefits.

After-Hype Price Density Analysis

As far as predicting the price of Magic Software at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range.
   Next price density   
       Expected price to next headline  

Estimiated After-Hype Price Volatility

In the context of predicting Magic Software's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magic Software's historical news coverage.
Current Value
5,596
5,596
After-hype Price
5,600
Upside
The after-hype framework applied to Magic Software Enterprises assumes a 3 months review window and focuses on post-sentiment normalization rather than raw momentum. This view is most useful when investors want to compare sentiment-driven price extension with a more measured post-news scenario.

Price Outlook Analysis

Have you ever been surprised when a price of a Company such as Magic Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Software backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magic Software, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.76 
3.89
 0.00  
 0.00  
0 Events
0 Events
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
5,596
5,596
0.00 
0.00  
Notes

Hype Timeline

Magic Software is now traded for 5,596on Tel Aviv Stock Exchange of Israel. The company stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magic is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at -0.76%. %. The volatility of related hype on Magic Software is about 0.0%, with the expected price after the next announcement by competition of 5,596. About 48.0% of the company outstanding shares are owned by corporate insiders. The book value of Magic Software was now reported as 5.13. The company has Price/Earnings To Growth (PEG) ratio of 2.31. Magic Software last dividend was issued on the 30th of August 2022. Assuming the 90-day trading horizon the next forecasted press release will be uncertain.
Magic Software has a market cap of 2.91 B, operating margin of 11.33%, ROE of 14.8%. Use Correlation Analysis to explore allocation context. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Related Hype Analysis

Having access to credible news sources related to Magic Software's direct competition is more important than ever and may enhance your ability to predict Magic Software's future price movements. Getting to know how Magic Software's peers react to changing market sentiment, related social.

Magic Software Additional Predictive Modules

Most predictive techniques to examine Magic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magic using various technical 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.

Sentiment Indicators & Methodology

Sentiment analysis for Magic Software evaluates news tone, positioning, and narrative momentum. Certain defensive traits may reduce sensitivity to broader macroeconomic fluctuations. Magic Software has a market cap of 2.91 B, ROE of 14.8%.

Unless otherwise specified, data for Magic Software Enterprises is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Rifka Kats - Member of Macroaxis Editorial Board

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Popular Tools for Magic Stock analysis

Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency