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(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 2024-10-10 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 181400

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	79.76	79.62	80.88	79.25	1.038 times
09 Wed Oct 2024	79.74	78.71	80.18	78.71	1.057 times
08 Tue Oct 2024	79.16	80.00	80.00	77.33	1.066 times
07 Mon Oct 2024	80.04	80.36	80.56	78.74	1.137 times
04 Fri Oct 2024	80.36	80.83	81.52	79.88	0.713 times
03 Thu Oct 2024	80.43	83.26	83.46	80.34	1.148 times
02 Wed Oct 2024	83.35	83.00	84.10	82.30	0.721 times
01 Tue Oct 2024	83.17	83.23	84.76	82.69	1.417 times
30 Mon Sep 2024	83.25	82.80	83.91	82.72	1.294 times
27 Fri Sep 2024	82.63	82.90	84.44	82.37	0.654 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.5, but if it comes above 80.5, then a intra day buy could be more profitable.
If you take a sell trade below 80.5, then use 80.5 as stoploss and 78.1 as target. However if you take a buy trade in stock , then use 80.5 as stoploss and 82.39 as target.

Share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Target	68.86
Downside Target	70.82
Downside Target	77.33
Upside Target	82.57
Upside Target	83.61
Upside Target	84.58
Upside Target	84.76
Upside Target	86.60
Upside Target	88.70
Upside Target	90.31
Upside Target	92.52

Intraday share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Intraday Target	77.77
Downside Intraday Target	75.77
Upside Intraday Target	81.32
Upside Intraday Target	82.87
Downside Intraday Target	79.32

Weekly technical analysis of Mgp Ingredients (MGPI)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	79.76	80.36	80.88	77.33	0.812 times
04 Fri Oct 2024	80.36	82.80	84.76	79.88	1.362 times
27 Fri Sep 2024	82.63	84.11	84.58	80.23	0.453 times
20 Fri Sep 2024	83.84	85.19	86.60	82.57	1.156 times
13 Fri Sep 2024	84.97	88.59	88.70	78.27	2.392 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
10 Thu Oct 2024	79.76	83.23	84.76	77.33	0.342 times
30 Mon Sep 2024	83.25	88.72	90.31	78.27	1.349 times
30 Fri Aug 2024	89.59	82.79	92.52	80.45	0.917 times
31 Wed Jul 2024	81.55	74.50	83.61	68.86	0.788 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Mgp Ingredients in short term and the sell signal is strong.

Mgp Ingredients Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mgp Ingredients in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 81.19 and Mgp Ingredients (MGPI) stock is trading below this level. This means that stock is falling with high volumes. 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.