Is MGIC Investment Corp. technically bullish or bearish?

Jun 25 2025 08:18 AM IST
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As of June 13, 2025, MGIC Investment Corp. is in a bullish trend supported by strong indicators like the weekly MACD and Bollinger Bands, despite some mildly bearish signals in the monthly MACD and KST.
As of 13 June 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance for MGIC Investment Corp. is bullish with strong indicators supporting this view. The weekly MACD is bullish, and both the weekly and monthly Bollinger Bands are bullish. Daily moving averages also confirm a bullish trend. Dow Theory indicates a bullish stance on both weekly and monthly time frames. Although the monthly MACD and KST are mildly bearish, the overall strength of the bullish indicators outweighs these concerns. The stock has shown strong performance relative to the S&P 500 across multiple time frames, further reinforcing the bullish outlook.
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