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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 2024-11-13 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 794290

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	50.54	50.98	51.35	50.10	0.487 times
12 Tue Nov 2024	50.81	51.29	52.00	50.63	0.661 times
11 Mon Nov 2024	51.64	50.55	53.31	50.55	1.169 times
08 Fri Nov 2024	50.90	49.05	51.21	49.05	1.046 times
07 Thu Nov 2024	49.07	48.09	49.75	47.71	0.605 times
06 Wed Nov 2024	48.29	46.34	49.16	46.34	0.685 times
05 Tue Nov 2024	46.95	46.26	47.16	45.44	0.653 times
04 Mon Nov 2024	46.47	45.68	47.79	45.68	1.148 times
01 Fri Nov 2024	45.52	48.64	49.90	45.48	1.289 times
31 Thu Oct 2024	48.04	57.91	59.65	47.91	2.187 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.8 as stoploss in an intra day buy trade for a target of 54.6. However, stock will show a bearish move below 46.8.

Share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Target	45.44
Downside Target	47.91
Downside Target	50.10
Upside Target	51.21
Upside Target	53.31
Upside Target	56.50
Upside Target	59.10
Upside Target	62.55
Upside Target	68.86
Upside Target	78.27
Upside Target	80.45
Upside Target	83.61
Upside Target	84.76
Upside Target	90.31
Upside Target	92.52

Intraday share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Intraday Target	49.32
Downside Intraday Target	48.11
Upside Intraday Target	52.53
Upside Intraday Target	54.53
Upside Intraday Target	51.32

Weekly technical analysis of Mgp Ingredients (MGPI)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	50.54	50.55	53.31	50.10	0.56 times
08 Fri Nov 2024	50.90	45.68	51.21	45.44	0.877 times
01 Fri Nov 2024	45.52	57.89	59.65	45.48	1.045 times
25 Fri Oct 2024	57.37	62.00	62.55	56.50	0.911 times
18 Fri Oct 2024	61.86	79.42	81.67	59.10	4.274 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
13 Wed Nov 2024	50.54	48.64	53.31	45.44	0.517 times
31 Thu Oct 2024	48.04	83.23	84.76	47.91	2.7 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

Scroll below to view daily charts

Price has moved up 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 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 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 negative zone. This is the SELL zone

Stock of Mgp Ingredients is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.57 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.