Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
grade B 15.67 3.09% 0.47
MTG closed up 3.09 percent on Thursday, January 18, 2018, on 2.07 times normal volume. The bulls were able to push the stock to a new 52-week high. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical MTG trend table...

Date Alert Name Type % Chg
Jan 18 Stochastic Sell Signal Bearish 0.00%
Jan 18 Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Jan 18 New 52 Week Closing High Bullish 0.00%
Jan 18 Expansion Breakout Bullish Swing Setup 0.00%
Jan 18 Wide Range Bar Range Expansion 0.00%
Jan 18 Doji - Bearish? Reversal 0.00%
Jan 18 New 52 Week High Strength 0.00%
Jan 18 Upper Bollinger Band Walk Strength 0.00%
Jan 18 Earnings Movers Other 0.00%
Jan 18 Wide Bands Range Expansion 0.00%

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: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 16.21
52 Week Low 9.68
Average Volume 2,657,273
200-Day Moving Average 12.3158
50-Day Moving Average 14.6098
20-Day Moving Average 14.7
10-Day Moving Average 14.88
Average True Range 0.3771
ADX 20.21
+DI 38.59
-DI 16.16
Chandelier Exit (Long, 3 ATRs ) 15.0787
Chandelier Exit (Short, 3 ATRs ) 15.1513
Upper Bollinger Band 15.5327
Lower Bollinger Band 13.8673
Percent B (%b) 1.08
BandWidth 11.329252
MACD Line 0.1737
MACD Signal Line 0.0659
MACD Histogram 0.1078
Fundamentals Value
Market Cap 5.81 Billion
Num Shares 371 Million
EPS 0.97
Price-to-Earnings (P/E) Ratio 16.15
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) 17.02
Resistance 3 (R3) 17.05 16.63 16.80
Resistance 2 (R2) 16.63 16.29 16.62 16.72
Resistance 1 (R1) 16.15 16.07 15.94 16.12 16.64
Pivot Point 15.73 15.73 15.63 15.72 15.73
Support 1 (S1) 15.25 15.39 15.04 15.22 14.70
Support 2 (S2) 14.83 15.17 14.82 14.62
Support 3 (S3) 14.35 14.83 14.55
Support 4 (S4) 14.32