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MGIC Investment Corporation

MTG•NYSE
Financial Services
Insurance - Specialty
$26.52
$-0.26(-0.97%)
U.S. Market opens in 58h 17m

MGIC Investment Corporation (MTG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for MGIC Investment Corporation (NYSE:MTG).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MTG Technical Analysis Summary

MGIC Investment Corporation stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.81)
Trend Strength:Weak (ADX: 19.20)
Volatility:Medium (ATR: 0.65)
Support/Resistance:$25.86 – $27.53 (Bollinger Bands)

This mix signals that MGIC Investment Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.81

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 60.23

Bullish
Buying momentum building without extremes.

Williams %R: -48.08

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.53

Neutral
Price change is minimal.

Takeaway:MGIC Investment Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.20

Weak
Weak trend, market trading sideways.

ATR (14): 0.65

Low
Low volatility, stable price action.

CCI (14): -43.49

Bearish
Bearish, momentum remains under pressure.

Takeaway:MGIC Investment Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.53
Middle Band (SMA 20)
$26.70
Lower Band
$25.86
Current Position
Within Bands

Takeaway:MGIC Investment Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$28.02
Middle Line (EMA 20)
$26.72
Lower Channel
$25.42
Squeeze Status
Squeeze On

Takeaway:MGIC Investment Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume9.39M
Money Flow Index38.53Bearish, selling pressure outweighs inflows.
Relative Vigor Index49.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MTG shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of MGIC Investment Corporation, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for MGIC Investment Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ