Here’s whether MGIC Investment Corp. (MTG) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Caution.
🟡
Caution
Positives: 50-day MA is rising (+0.92% over 10 days); RSI 39 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); rising volume on a downtrend (distribution, 1.23x avg). Currently 12.4% off its 52-week high. Score: -1/7.
MTG is trading below its 200-day MA ($27.44) — a key warning sign the longer-term trend is under pressure. An RSI of 38.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +3.8% compares to +27.9% for SPY (trailed the market by 24.1%).
$10,000 invested 1 year ago→ $10,375 today
vs. S&P 500 (SPY) — same period trailed market by 24.1%
1-Year Price Chart
Daily candles
MA-50MA-200UpDown
Signal Check
✗Above 200-day MA ($27.44)
✗Above 50-day MA ($26.85)
✓RSI(14) neutral zone (30–70) — currently 38.7
✓Positive return (+3.8%)
!Within 10% of period high (−12.4%)
Period Range $26.26
$24.59$29.97
RSI (14) 38.7
0 · OversoldOverbought · 100
Key Metrics
Price$26.26
Period Return+3.8%
Period High$29.97
Period Low$24.59
Drawdown−12.4%
MA-50$26.85
MA-200$27.44
RSI (14)38.7
Avg Volume (30d)2.0M
vs. SPYtrailed by 25.3%
Return Rank#706 of 1236
Trend Signals
Price is below the 200-day moving average ($27.44)