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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.

10 day averaged volume of Mgp Ingredients is 416340

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 45.50 46.56 47.32 44.96 1.056 times
21 Thu Nov 2024 46.75 46.61 47.09 46.16 0.729 times
20 Wed Nov 2024 46.62 46.00 47.23 45.80 0.837 times
19 Tue Nov 2024 46.24 48.42 48.55 45.84 1.006 times
18 Mon Nov 2024 48.80 49.92 50.21 48.65 0.567 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46, but if it comes above 46, then a intra day buy could be more profitable.
If you take a sell trade below 46, then use 46 as stoploss and 41.6 as target. However if you take a buy trade in stock , then use 46 as stoploss and 49.69 as target.

Share price targets for Mgp Ingredients (MGPI)

Target Type Value
Downside Target 44.96
Upside Target 47.91
Upside Target 49.60
Upside Target 53.31
Upside Target 56.50
Upside Target 59.65
Upside Target 62.55
Upside Target 68.86
Upside Target 78.27
Upside Target 80.45
Upside Target 82.69
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 43.57
Downside Intraday Target 41.64
Upside Intraday Target 48.82
Upside Intraday Target 52.14
Upside Intraday Target 46.89

Weekly technical analysis of Mgp Ingredients (MGPI)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 45.50 49.92 50.21 44.96 0.723 times
15 Fri Nov 2024 49.65 50.55 53.31 49.60 0.735 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

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
22 Fri Nov 2024 45.50 48.64 53.31 44.96 0.713 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 1.402 times
30 Fri Aug 2024 89.59 82.79 92.52 80.45 0.953 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 11, 40, 56 Sell
MACD -11, -11Buy
Stochastics 10Sell
CCI -103Sell
RSI 30Sell
OBV -1260800Sell
VWAP 49Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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

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 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mgp Ingredients in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 49.08 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.

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