Why is MGIC Up Today?

MGIC
$26.45
▲ +2.96% (+$0.76)
Last updated: Feb 03, 2026 12:38 AM ET

Overall Confidence: 50%

50% Confident

Based on news, social sentiment, options activity, and sector analysis

PENDING 50% Confidence
🎯 Analysis In Progress
MGIC is up 3.0% today. Full analysis will be available shortly.

✅ Move Confirmation

LOW VOLUME 0.9x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

Market Comparison

MGIC is significantly outperforming the market (+2.5% vs SPY)
S&P 500
SPY
+0.5%
Nasdaq 100
QQQ
+0.69%
MGIC
This Stock
+2.96%
vs S&P 500: +2.46%
vs Nasdaq: +2.27%

📊 What Happens Next?

Probability Analysis

50% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, MGIC is expected to trade between:
$25.66 - $27.24

🔔 Get MGIC Alerts

We'll notify you when MGIC's trend changes or a new signal fires.

Last updated: Feb 03, 2026 12:38 AM
Data refreshes every 30 minutes during market hours

Frequently Asked Questions

Why is MGIC stock up today?

MGIC is up 3.0% today. Full analysis will be available shortly.

Is MGIC stock a buy or sell right now?

Based on current analysis, MGIC shows 50% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the MGIC stock price target?

MGIC is currently trading at $26.45. Based on today's momentum, the expected short-term range is $25.66 - $27.24. See long-term price prediction →

Will MGIC stock continue rising?

Our analysis shows a 50% probability that MGIC's move continues in the next 1-3 days.

Is MGIC stock oversold or overbought?

MGIC's RSI (Relative Strength Index) is currently at 50.3. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for MGIC stock?

MGIC's 10-day momentum indicator is at -0.9. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is MGIC outperforming or underperforming the market?

MGIC (+2.96%) is currently significantly outperforming the market (+2.5% vs SPY). Today, the S&P 500 (SPY) is up 0.50%, and Nasdaq (QQQ) is up 0.69%.

What does MACD indicate for MGIC?

MGIC's MACD (0.09) is currently below the signal line (0.28), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 17.8) is weak.

Is MGIC in an uptrend or downtrend?

Based on moving average analysis, MGIC is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $26.86, 50-day SMA: $25.87.

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