MTG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

MGIC Investment Corp (MTG) Moving Averages Convergence Divergence (MACD) indicator is 0.371, suggesting MTG is Strong Buy.

MGIC Investment Corp (MTG) 20-Day simple moving average is 26.824, while MGIC Investment Corp (MTG) share price is $27.865, making it Buy.

MGIC Investment Corp (MTG) 60-Day simple moving average is 26.638, while MGIC Investment Corp (MTG) share price is $27.865, making it Buy.

Technical Analysis for MTG

Technical Sentiment Analysis for MGIC Investment Corp (MTG) As of 2026-04-20, MGIC Investment Corp (MTG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 9 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MTG stands at 65.681, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.371, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 83.379 and the Commodity Channel Index (CCI) at 125.064 further confirm a 0.96 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MTG is trading below its 60-day moving average of $26.638 and below its 200-day long-term moving average of $27.353. Key price levels to watch include the immediate resistance at $28.237 and strong support at $26.837. A break above $28.237 could signal a bull continuation, while falling below $26.837 may test the next Fibonacci floor at $26.199.

MGIC Investment Corp (MTG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	25.437	26.199	26.837	27.599	28.237	28.999	29.637
Fibonacci	26.199	26.733	27.064	27.599	28.133	28.464	28.999

MGIC Investment Corp (MTG) Technical Indicators

2026-04-20

Name	Value
RSI_14	65.681
STOCHk_14_3_3	83.379
STOCHd_14_3_3	77.75
CCI_20	125.064
AO_5_34	1.025
MOM_10	0.96
MACD_12_26_9	0.371

MGIC Investment Corp (MTG) Relative Strength Index (RSI) is 65.681, creating a Neutral signal.

MGIC Investment Corp (MTG) Stochastic Oscillator is 83.379, creating a Sell signal.

MGIC Investment Corp (MTG) Stochastic RSI is 77.75, creating a Neutral signal.

MGIC Investment Corp (MTG) Commodity Channel Index (CCI) is 125.064, creating a Sell signal.

MGIC Investment Corp (MTG) Awesome Oscillator is 1.025, creating a Buy signal.

MGIC Investment Corp (MTG) Momentum is 0.96, creating a Buy signal.

MGIC Investment Corp (MTG) MACD is 0.371, creating a Buy signal.

MGIC Investment Corp (MTG) Moving Average

2026-04-20

Period	Simple	Signal
MA_5	27.57	Buy
MA_10	27.476	Buy
MA_20	26.824	Buy
MA_60	26.638	Buy
MA_200	27.353	Buy
MA_250	27.151	Buy

MGIC Investment Corp (MTG) 5-Day simple moving average is 27.57, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

MGIC Investment Corp (MTG) 10-Day simple moving average is 27.476, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

MGIC Investment Corp (MTG) 20-Day simple moving average is 26.824, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

MGIC Investment Corp (MTG) 60-Day simple moving average is 26.638, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

MGIC Investment Corp (MTG) 200-Day simple moving average is 27.353, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

MGIC Investment Corp (MTG) 250-Day simple moving average is 27.151, while MGIC Investment Corp (MTG) share price is $27.865, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for MTG?

The overall technical consensus for MGIC Investment Corp (MTG) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 4 sell signals.

What are the key support and resistance levels for MGIC Investment Corp (MTG) today?

Based on pivot point calculations, MGIC Investment Corp (MTG) has an immediate support level at 26.837 and a major resistance level at 28.237. Traders also monitor the pivot point at 27.599 to determine the intraday trend direction.

Is MGIC Investment Corp (MTG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for MGIC Investment Corp (MTG) is currently 65.681. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for MGIC Investment Corp (MTG)?

MGIC Investment Corp (MTG) Moving Averages Convergence Divergence (MACD) indicator is 0.371, suggesting MTG is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for MGIC Investment Corp.

How is MGIC Investment Corp (MTG) performing relative to its 200-day moving average?

MGIC Investment Corp (MTG) is currently trading at $27.865, which is above its 200-day simple moving average of 27.353. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.