Magic Software Enterprises Stock Volume Indicators Chaikin AD Line

MGIC Stock  USD 11.91  0.10  0.83%   
Magic Software volume indicators tool provides the execution environment for running the Chaikin AD Line 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 Chaikin AD Line 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 Accumulation/Distribution line was developed by Marc Chaikin. It is interpreted by looking at a divergence in the direction of the indicator relative to Magic Software price. If the Accumulation/Distribution Line is trending upward it indicates that the price may follow. If the Accumulation/Distribution Line becomes flat while Magic Software Enter price is still rising (or falling) then it signals a flattening of the price values.

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.
 2020 2021 2023 (projected)
Dividend Yield0.01630.02120.0647
Price To Sales Ratio2.072.140.89
Hype
Prediction
LowEstimatedHigh
9.6411.9214.20
Details
Intrinsic
Valuation
LowRealHigh
10.7214.8817.16
Details
Naive
Forecast
LowNextHigh
10.3312.6114.89
Details
2 Analysts
Consensus
LowTargetHigh
16.3818.0019.98
Details

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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 gross domestic product.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
0.7
Revenue Per Share
10.659
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0673
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.