(MGPI) Mgp Ingredients complete technical analysis [charts+indicators] | Buy/Sell Mgp Ingredients | (MGPI) share price targets
Complete technical analysis of Mgp Ingredients (MGPI) by charts plus indicators, forecast predictions and share price targets for Mgp Ingredients (MGPI)
Mgp Ingredients trades in USA in Consumer Non Durables sector.
Showing technical analysis as on 2024-03-04 View latest technical analysis
10 day averaged volume of Mgp Ingredients is 432050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 83.88 | 86.15 | 86.15 | 83.29 | 0.751 times |
| 01 Fri Mar 2024 | 86.04 | 85.18 | 86.28 | 83.30 | 0.526 times |
| 29 Thu Feb 2024 | 85.18 | 85.10 | 86.87 | 83.50 | 0.729 times |
| 28 Wed Feb 2024 | 80.88 | 78.22 | 81.96 | 77.74 | 1.009 times |
| 27 Tue Feb 2024 | 78.62 | 77.98 | 78.90 | 76.50 | 0.654 times |
| 26 Mon Feb 2024 | 77.81 | 78.66 | 79.59 | 76.01 | 1.231 times |
| 23 Fri Feb 2024 | 79.75 | 78.49 | 80.43 | 77.42 | 1.697 times |
| 22 Thu Feb 2024 | 78.18 | 90.55 | 90.55 | 75.78 | 2.704 times |
| 21 Wed Feb 2024 | 91.83 | 91.86 | 92.91 | 90.34 | 0.667 times |
| 20 Tue Feb 2024 | 91.75 | 89.70 | 91.88 | 89.40 | 0.369 times |
My analysis of stock is bearish for shortterm, and stock might move down till 80.5 or till 75.4. Use a stoploss of 84.76 and if the stock hits stoploss, then it can shoot up till 89.01
Share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Target | 75.78 |
| Downside Target | 81.27 |
| Upside Target | 86.15 |
| Upside Target | 86.28 |
| Upside Target | 86.87 |
| Upside Target | 91.22 |
| Upside Target | 92.91 |
| Upside Target | 101.48 |
| Upside Target | 101.69 |
| Upside Target | 102.42 |
Intraday share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Intraday Target | 82.73 |
| Downside Intraday Target | 81.58 |
| Upside Intraday Target | 85.59 |
| Upside Intraday Target | 87.3 |
| Upside Intraday Target | 84.44 |
Weekly technical analysis of Mgp Ingredients (MGPI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 83.88 | 86.15 | 86.15 | 83.29 | 0.181 times |
| 01 Fri Mar 2024 | 86.04 | 78.66 | 86.87 | 76.01 | 0.763 times |
| 23 Fri Feb 2024 | 79.75 | 89.70 | 92.91 | 75.78 | 2.396 times |
| 16 Fri Feb 2024 | 90.89 | 85.94 | 91.22 | 83.86 | 1.069 times |
| 09 Fri Feb 2024 | 85.44 | 83.09 | 85.82 | 81.27 | 0.806 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mgp Ingredients (MGPI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 83.88 | 85.18 | 86.28 | 83.29 | 0.084 times |
| 29 Thu Feb 2024 | 85.18 | 85.02 | 92.91 | 75.78 | 1.876 times |
| 31 Wed Jan 2024 | 84.95 | 97.63 | 101.69 | 84.86 | 0.893 times |
| 29 Fri Dec 2023 | 98.52 | 85.60 | 102.42 | 82.60 | 1.372 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mgp Ingredients (MGPI)
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgp Ingredients stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgp Ingredients in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgp Ingredients Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgp Ingredients in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgp Ingredients is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.36 and Mgp Ingredients (MGPI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mgp Ingredients (MGPI) stock. Volume based technical analysis of Mgp Ingredients (MGPI) stock is negative.
Mgp Ingredients Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mgp Ingredients stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgp Ingredients in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgp Ingredients Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mgp Ingredients in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgp Ingredients is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.36 and Mgp Ingredients (MGPI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Mgp Ingredients (MGPI) stock. Volume based technical analysis of Mgp Ingredients (MGPI) stock is negative.
Mgp Ingredients Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.