Technical Analysis for MTG - MGIC Investment Corporation
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
11.26 | -0.53% | -0.06 |
MTG closed down 0.53 percent on Monday, August 21, 2017, on 59 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Trend Table & Recent Alerts
| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Down |
| See historical MTG trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Aug 21 | Narrow Range Bar | Range Contraction | 0.00% |
| Aug 21 | Stochastic Reached Oversold | Other | 0.00% |
| Aug 21 | Lower Bollinger Band Walk | Other | 0.00% |
| Aug 18 | Fell Below 50 DMA | Bearish | -0.53% |
| Aug 18 | Doji - Bullish? | Reversal | -0.53% |
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Profile
- Earnings date: 2017-07-20
- Sector: Financials
- Industry: Property Insurance
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: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies. | ||
Recent News
See more MTG news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 12.25 |
| 52 Week Low | 7.78 |
| Average Volume | 2,808,157 |
| 200-Day Moving Average | 10.5859 |
| 50-Day Moving Average | 11.4574 |
| 20-Day Moving Average | 11.5905 |
| 10-Day Moving Average | 11.517 |
| Average True Range | 0.2381 |
| ADX | 21.68 |
| +DI | 20.66 |
| -DI: | 22.16 |
| Chandelier Exit (Long, 3 ATRs) | 11.3157 |
| Chandelier Exit (Short, 3 ATRs) | 11.9343 |
| Upper Bollinger Band | 11.9323 |
| Lower Bollinger Band | 11.2487 |
| Percent B (%b) | 0.02 |
| Bandwidth | 0.058979 |
| MACD Line | -0.0253 |
| MACD Signal Line | 0.031 |
| MACD Histogram | -0.0564 |
