Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
D 12.44 -1.89% -0.24
MTG closed down 1.89 percent on Thursday, March 4, 2021, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MTG trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
20 DMA Support Bullish -1.89%
50 DMA Support Bullish -1.89%
Pocket Pivot Bullish Swing Setup -1.89%
Outside Day Range Expansion -1.89%
Upper Bollinger Band Touch Strength -1.89%
Crossed Above 20 DMA Bullish -2.96%
Crossed Above 50 DMA Bullish -2.96%
MACD Bullish Centerline Cross Bullish -2.96%
Older End-of-Day Signals for MTG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 3% about 6 hours ago
Down 1 ATR about 6 hours ago
60 Minute Opening Range Breakdown about 6 hours ago
50 DMA Support about 9 hours ago
10 DMA Support about 9 hours ago
View Earlier Intraday Alerts

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Profile

MGIC Investment Corporation Description

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.


Classification

Sector: Financial Services
Industry: Insurance - Specialty
Keywords: Mortgage Loan Insurance Coverage Mortgage Mortgage Broker Loan Origination Mortgage Bank Commercial Banks Mortgage Services Foreclosure Mortgage Insurance Lead Generation Insurance Arrangement

Is MTG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.83
52 Week Low 4.34
Average Volume 3,192,868
200-Day Moving Average 10.28
50-Day Moving Average 12.59
20-Day Moving Average 12.50
10-Day Moving Average 12.58
Average True Range 0.50
ADX 11.29
+DI 16.26
-DI 22.06
Chandelier Exit (Long, 3 ATRs ) 11.56
Chandelier Exit (Short, 3 ATRs ) 13.29
Upper Bollinger Band 12.97
Lower Bollinger Band 12.03
Percent B (%b) 0.43
BandWidth 7.54
MACD Line 0.02
MACD Signal Line 0.01
MACD Histogram 0.0073
Fundamentals Value
Market Cap 4.21 Billion
Num Shares 339 Million
EPS 1.35
Price-to-Earnings (P/E) Ratio 9.21
Price-to-Sales 3.67
Price-to-Book 0.92
PEG Ratio 1.54
Dividend 0.24
Dividend Yield 1.93%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.42
Resistance 3 (R3) 13.44 13.13 13.26
Resistance 2 (R2) 13.13 12.88 13.12 13.20
Resistance 1 (R1) 12.78 12.72 12.63 12.77 13.15
Pivot Point 12.47 12.47 12.39 12.46 12.47
Support 1 (S1) 12.13 12.22 11.97 12.11 11.73
Support 2 (S2) 11.82 12.07 11.81 11.68
Support 3 (S3) 11.47 11.82 11.62
Support 4 (S4) 11.46