Mgic Investment Stock Forecast

Buy candidate since Jun 16, 2026 Gain 0.46%

The MGIC Investment Corporation stock price gained 0.722% on the last trading day (Tuesday, 23rd Jun 2026), rising from $26.30 to $26.49. During the last trading day the stock fluctuated 1.27% from a day low at $26.33 to a day high of $26.67. The price has risen in 7 of the last 10 days and is up by 4.91% over the past 2 weeks. Volume fell on the last day by -364 thousand shares and in total, 999 thousand shares were bought and sold for approximately $26.47 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.68% during the next 3 months and, with a 90% probability hold a price between $23.11 and $26.52 at the end of this 3-month period.

MTG Signals & Forecast

Mostly positive signals in the chart today. The MGIC Investment Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $26.16 and $25.89. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 03, 2026, and so far it has risen 6.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for MGIC Investment Corporation stock

MGIC Investment Corporation finds support from accumulated volume at $26.48 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.334 between high and low, or 1.27%. For the last week the stock has had daily average volatility of 1.69%.

Our recommended stop-loss: $25.40 (-4.10%) (This stock has very low daily movements and this gives very low risk. There is a buy signal from a pivot bottom found 13 days ago.)

Trading Expectations (MTG) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect MGIC Investment Corporation to open at $26.50, and during the day (based on 14 day Average True Range), to move between $26.23 and $26.75, which gives a possible trading interval of +/-$0.510 (+/-1.94%) up or down from last closing price. If MGIC Investment Corporation takes out the full calculated possible swing range there will be an estimated 1.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $26.48 (0.04%) than the resistance at $26.58 (0.34%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is MGIC Investment Corporation stock A Buy?

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for stock to perform well in the short-term.

Current score: 1.368 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 24, 2026 - $26.50 ( 0.0199%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk