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Mgic Invt Corp Has Returned 19.4% Since SmarTrend Recommendation (MTG)

By James Quinn

SmarTrend identified an Uptrend for Mgic Invt Corp (NYSE:MTG) on January 9th, 2019 at $10.98. In approximately 2 months, Mgic Invt Corp has returned 19.35% as of today's recent price of $13.11.

In the past 52 weeks, Mgic Invt Corp share prices have been bracketed by a low of $9.41 and a high of $14.66 and are now at $13.11, 39% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 1.9%.

MGIC Investment Corporation provides private mortgage insurance services. The Company offers mortgage insurance to thrifts, mortgage bankers and brokers, commercial banks, credit unions, and other lending institutions. MGIC Investment serves customers in the United States and Puerto Rico.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mgic Invt Corp shares.

Log in and add Mgic Invt Corp (MTG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mgic invt corp

Ticker(s): MTG