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Is MTG poised for gains? Pocket Pivot shows up after climbing 1.75%

MGIC Investment Corporation (MTG) — Nightly Technical Analysis · Jun 26, 2026, 17:35 ET
MTG closed up 1.75% on Friday, June 26th, with volume running 1.2× above average. Multiple bullish signals emerged — Upper Bollinger Band Walk and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 27.46, 27.07 & 26.86, with resistance at 28.06, 28.27 & 28.66. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of MTG: C

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MGIC Investment Corporation (MTG)