Back to top

MGIC forms Bollinger Band Squeeze on September 18

Magic Software Enterprises Ltd. (MGIC) Technical Analysis, Stock Scans & Trading Signals · Sep 18, 2025, 17:51 ET
MGIC closed up 2.17% on Thursday, September 18th, with volume running 1.0× above average. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 19.59, 19.36 & 19.17, with resistance at 20.0, 20.19 & 20.42.

Current SwingTradeBot Technical Rating of MGIC: D

Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Magic Software Enterprises Ltd. (MGIC)