Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
grade A 13.77 -0.36% -0.05
MTG closed down 0.36 percent on Friday, October 20, 2017, on 86 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical MTG trend table...

Date Alert Name Type % Chg
Oct 20 New 52 Week High Other 0.00%
Oct 20 Upper Bollinger Band Walk Other 0.00%
Oct 19 New 52 Week High Other -0.36%
Oct 19 New 52 Week Closing High Bullish -0.36%
Oct 19 Upper Bollinger Band Walk Other -0.36%

Older signals for MTG ...

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Basic chart:

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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 13.83
52 Week Low 7.94
Average Volume 2,565,357
200-Day Moving Average 11.1202
50-Day Moving Average 11.9795
20-Day Moving Average 12.6983
10-Day Moving Average 13.015
Average True Range 0.2889
ADX 38.09
+DI 41.09
-DI 7.67
Chandelier Exit (Long, 3 ATRs ) 13.1533
Chandelier Exit (Short, 3 ATRs ) 12.6067
Upper Bollinger Band 13.7235
Lower Bollinger Band 11.6731
Percent B (%b) 1.02
BandWidth 16.147043
MACD Line 0.4568
MACD Signal Line 0.3452
MACD Histogram 0.1116
Fundamentals Value
Market Cap 5.1 Billion
Num Shares 370 Million
EPS 0.97
Price-to-Earnings (P/E) Ratio 14.20
Price-to-Sales 4.38
Price-to-Book 1.56
PEG Ratio 1.45
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.22
Resistance 3 (R3) 14.25 14.14 14.15
Resistance 2 (R2) 14.14 14.02 14.12 14.12
Resistance 1 (R1) 13.95 13.95 13.90 13.92 14.09
Pivot Point 13.84 13.84 13.81 13.82 13.84
Support 1 (S1) 13.65 13.72 13.60 13.62 13.45
Support 2 (S2) 13.54 13.65 13.52 13.42
Support 3 (S3) 13.35 13.54 13.40
Support 4 (S4) 13.32