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MGIC Gap and Gap Fill

Updated Nov 6, 2026, 10:05 AM ET · Gap = today's open vs the prior close
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On Feb 23 MGIC opened at $17.96, a gap down of $1.44 (7.4%) from the prior close of $19.40. The gap was not filled: the fill level is $19.40.
Best for: intradayHold: same dayPrice $17.38 · 15-min delayed
Gap−7.4%
Fill level19.40
Filled?No
Avg gap (10 days)3.8%

MGIC daily chart: gap fill level

182022242628Jan 9Jan 16Jan 26Feb 2Feb 9Feb 1719.40Gap fill (prior close) 19.4017.96Open 17.9617.38
- - - gap fill level (prior close)- - - open

Why gap matters

A gap shows news or orders that came in while the market was closed. Many traders watch whether price comes back to the prior close to "fill" the gap, or keeps running away from it.

How traders use it

  • Gap and go: a gap that holds above the premarket high (or below the low) often keeps running.
  • Gap fill: a gap that fades back toward the prior close; the fill level is the target traders watch.
  • Big gaps on news fill less often than small gaps on no news.

What happened over the last 10 days

  • Of the 10 gaps bigger than 0.3%, 2 filled the same day.
  • The average gap was 3.8%.
  • Round numbers nearby: $16.00, $17.00, $18.00.

Combined conditions

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How to trade around MGIC's gap levels

1. Gap fill tradeIf MGIC moves back toward $19.40, that fill level is the first target traders watch; a reversal before it keeps the gap open.
2. Gap and goA gap that holds its first pullback and breaks the premarket low with RVOL is read as continuation.

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MGIC gaps: last 10 days

DatePrior closeOpenGapFilled?
Feb 2319.4017.96−7.4%No
Feb 2019.0618.71−1.8%Yes
Feb 1917.8118.41+3.4%No
Feb 1817.3517.93+3.3%No
Feb 1718.9017.77−6.0%No
Feb 1319.1018.94−0.8%Yes
Feb 1220.1419.99−0.7%No
Feb 1123.3920.90−10.6%No
Feb 1022.4522.87+1.9%No
Feb 921.8522.23+1.7%No

FAQ

Did MGIC gap up or down today?

On Feb 23 it gapped down 7.4% ($19.40 → $17.96).

On SEPT: see every gap drawn on your chart with its fill level. Try it free →
Did MGIC fill its gap?

No, it did not trade back to the prior close of $19.40.

On SEPT: get an alert when MGIC fills its gap. Try it free →
What is a gap fill?

When price moves back to the prior close after opening with a gap up or down.

On SEPT: screen for stocks filling their gap right now. Try it free →
How often does MGIC fill its gaps?

In the last 10 days, 2 of 10 gaps bigger than 0.3% filled the same day.

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Do all gaps get filled?

No. Many small gaps fill, but big gaps on news can run for days without filling.

On SEPT: ask GOAX what is behind today's gap. Try it free →
What is gap and go?

A gap that keeps running in its direction after the open instead of filling.

On SEPT: build a gap-and-go alert with your own confirmation and entry conditions. Try it free →

Data: SEPT market data engine. Delayed data; real-time levels are on the SEPT platform. Times in Eastern Time. Educational information only, not investment advice. No odds or win rates are shown on this page.