Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
grade A 11.76 0.94% 0.11
MTG closed up 0.94 percent on Friday, January 18, 2019, on 88 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. 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.

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

Date Alert Name Type % Chg
Jan 18 200 DMA Support Bullish 0.00%
Jan 18 New Uptrend Bullish 0.00%
Jan 18 Cup with Handle Other 0.00%
Jan 18 Upper Bollinger Band Walk Strength 0.00%
Jan 18 Earnings Movers Other 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 18 Up 3 Days in a Row Strength 0.00%
Jan 18 Up 4 Days in a Row Strength 0.00%
Jan 18 Upper Bollinger Band Touch Strength 0.00%
Jan 17 Crossed Above 200 DMA Bullish 0.94%

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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 15.94
52 Week Low 9.41
Average Volume 3,215,135
200-Day Moving Average 11.5996
50-Day Moving Average 11.164
20-Day Moving Average 10.686
10-Day Moving Average 11.187
Average True Range 0.3725
ADX 25.79
+DI 28.7237
-DI 11.8315
Chandelier Exit (Long, 3 ATRs ) 10.8525
Chandelier Exit (Short, 3 ATRs ) 10.5275
Upper Bollinger Band 11.9383
Lower Bollinger Band 9.4337
Percent B (%b) 0.93
BandWidth 23.438143
MACD Line 0.1802
MACD Signal Line 0.004
MACD Histogram 0.1762
Fundamentals Value
Market Cap 4.36 Billion
Num Shares 371 Million
EPS 0.97
Price-to-Earnings (P/E) Ratio 12.12
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) 12.48
Resistance 3 (R3) 12.47 12.22 12.36
Resistance 2 (R2) 12.22 12.04 12.23 12.32
Resistance 1 (R1) 11.99 11.92 12.11 12.00 12.28
Pivot Point 11.74 11.74 11.80 11.75 11.74
Support 1 (S1) 11.51 11.56 11.63 11.52 11.24
Support 2 (S2) 11.26 11.44 11.27 11.20
Support 3 (S3) 11.03 11.26 11.16
Support 4 (S4) 11.04