Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
grade F 10.32 -2.73% -0.29
MTG closed down 2.73 percent on Monday, April 23, 2018, on 87 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MTG trend table...

Date Alert Name Type % Chg
Apr 23 New 52 Week Closing Low Bearish 0.00%
Apr 23 180 Bearish Setup Bearish Swing Setup 0.00%
Apr 23 Wide Bands Range Expansion 0.00%
Apr 23 Oversold Stochastic Weakness 0.00%
Apr 20 Wide Bands Range Expansion -2.73%
Apr 20 Oversold Stochastic Weakness -2.73%
Apr 19 New 52 Week Closing Low Bearish -0.29%
Apr 19 New 52 Week Low Weakness -0.29%
Apr 19 Stochastic Reached Oversold Weakness -0.29%
Apr 19 Earnings Movers Other -0.29%

Older signals for MTG ...

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Profile
MGIC Investment Corporation, through its subsidiaries, provides mortgage insurance to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance coverage that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage; and bulk transactions, in which the individual loans in the insured portfolio are insured to specified levels of coverage. It also participates in risk sharing arrangements and captive mortgage reinsurance arrangements. In addition, the company provides contract underwriting and related services; and various mortgage services, such as loan origination and portfolio analytics, mortgage lead generation, and secondary marketing of mortgages. It serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, and mortgage bankers. The company was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
Is MTG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.21
52 Week Low 10.03
Average Volume 4,949,174
200-Day Moving Average 13.1481
50-Day Moving Average 12.8532
20-Day Moving Average 11.659
10-Day Moving Average 10.679
Average True Range 0.5143
ADX 39.84
+DI 11.1
-DI 36.89
Chandelier Exit (Long, 3 ATRs ) 11.7571
Chandelier Exit (Short, 3 ATRs ) 11.5729
Upper Bollinger Band 13.8633
Lower Bollinger Band 9.4547
Percent B (%b) 0.2
BandWidth 37.812848
MACD Line -0.7469
MACD Signal Line -0.6782
MACD Histogram -0.0687
Fundamentals Value
Market Cap 3.83 Billion
Num Shares 371 Million
EPS 0.97
Price-to-Earnings (P/E) Ratio 10.64
Price-to-Sales 4.88
Price-to-Book 1.73
PEG Ratio 1.32
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.97
Resistance 3 (R3) 11.03 10.88 10.86
Resistance 2 (R2) 10.88 10.72 10.85 10.82
Resistance 1 (R1) 10.60 10.61 10.53 10.54 10.79
Pivot Point 10.45 10.45 10.41 10.42 10.45
Support 1 (S1) 10.17 10.29 10.10 10.11 9.85
Support 2 (S2) 10.02 10.18 9.99 9.82
Support 3 (S3) 9.74 10.02 9.78
Support 4 (S4) 9.68