Technical Analysis for MTG - MGIC Investment Corporation

Grade Last Price % Change Price Change
C 24.73 0.65% 0.16
MTG closed up 0.65 percent on Wednesday, November 20, 2024, on 67 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Flat

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Outside Day Range Expansion 0.00%
Fell Below 20 DMA Bearish 0.65%
NR7 Range Contraction 0.65%
NR7-2 Range Contraction 0.65%
Narrow Range Bar Range Contraction 0.65%
Gapped Down Weakness 0.65%
NR7 Range Contraction -0.24%
Narrow Range Bar Range Contraction -0.24%
Crossed Above 20 DMA Bullish -0.72%

   Recent Intraday Alerts

Alert Time
10 DMA Resistance about 20 hours ago
20 DMA Resistance about 21 hours ago
Rose Above 20 DMA about 21 hours ago
Fell Below Previous Day's Low about 21 hours ago
Possible NR7 1 day ago

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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 Commercial Bank Mortgage Insurance Coverage Mortgage Broker Mortgage Bank Loan Origination Mortgage Services Mortgage Insurance Foreclosure 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 26.3861
52 Week Low 16.9285
Average Volume 1,578,600
200-Day Moving Average 22.31
50-Day Moving Average 25.07
20-Day Moving Average 24.64
10-Day Moving Average 24.72
Average True Range 0.49
RSI (14) 48.98
ADX 11.86
+DI 23.21
-DI 25.80
Chandelier Exit (Long, 3 ATRs) 24.11
Chandelier Exit (Short, 3 ATRs) 24.70
Upper Bollinger Bands 25.69
Lower Bollinger Band 23.59
Percent B (%b) 0.54
BandWidth 8.54
MACD Line -0.10
MACD Signal Line -0.13
MACD Histogram 0.0375
Fundamentals Value
Market Cap 6.69 Billion
Num Shares 271 Million
EPS 2.49
Price-to-Earnings (P/E) Ratio 9.93
Price-to-Sales 4.47
Price-to-Book 1.02
PEG Ratio 1.54
Dividend 0.43
Dividend Yield 1.74%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.17
Resistance 3 (R3) 25.13 24.94 25.10
Resistance 2 (R2) 24.94 24.83 24.96 25.07
Resistance 1 (R1) 24.84 24.76 24.89 24.88 25.05
Pivot Point 24.65 24.65 24.68 24.67 24.65
Support 1 (S1) 24.54 24.54 24.60 24.58 24.41
Support 2 (S2) 24.35 24.47 24.37 24.39
Support 3 (S3) 24.25 24.35 24.36
Support 4 (S4) 24.29