(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 2024-05-31 View latest technical analysis
10 day averaged volume of Mgp Ingredients is 158878
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 77.62 | 76.91 | 77.81 | 76.14 | 1.307 times |
| 30 Thu May 2024 | 76.50 | 75.25 | 76.84 | 74.77 | 1.127 times |
| 29 Wed May 2024 | 74.62 | 74.51 | 75.38 | 74.46 | 1.318 times |
| 28 Tue May 2024 | 75.41 | 75.32 | 76.32 | 74.41 | 1.096 times |
| 23 Thu May 2024 | 76.05 | 78.34 | 78.34 | 75.75 | 0.995 times |
| 22 Wed May 2024 | 78.49 | 79.78 | 80.26 | 78.18 | 0.894 times |
| 21 Tue May 2024 | 80.08 | 78.19 | 80.53 | 78.11 | 0.835 times |
| 20 Mon May 2024 | 78.61 | 79.84 | 80.58 | 78.44 | 1.081 times |
| 17 Fri May 2024 | 79.65 | 81.07 | 81.29 | 79.52 | 0.642 times |
| 16 Thu May 2024 | 80.83 | 80.76 | 81.94 | 80.10 | 0.742 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 77.1 as stoploss in an intra day buy trade for a target of 79.7. However, stock will show a bearish move below 77.1.
Share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Target | 74.41 |
| Upside Target | 83.67 |
| Upside Target | 83.89 |
| Upside Target | 84.24 |
| Upside Target | 84.86 |
| Upside Target | 86.73 |
| Upside Target | 86.87 |
| Upside Target | 92.91 |
| Upside Target | 101.69 |
Intraday share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Intraday Target | 75.42 |
| Downside Intraday Target | 73.21 |
| Upside Intraday Target | 78.82 |
| Upside Intraday Target | 80.01 |
| Downside Intraday Target | 76.61 |
Weekly technical analysis of Mgp Ingredients (MGPI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 77.62 | 75.32 | 77.81 | 74.41 | 1.274 times |
| 23 Thu May 2024 | 76.05 | 79.84 | 80.58 | 75.75 | 0.817 times |
| 17 Fri May 2024 | 79.65 | 83.60 | 84.24 | 79.52 | 1.067 times |
| 10 Fri May 2024 | 83.07 | 81.46 | 83.89 | 78.38 | 0.58 times |
| 03 Fri May 2024 | 80.62 | 81.02 | 83.67 | 77.80 | 1.238 times |
Price has moved up 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 |
| 31 Fri May 2024 | 77.62 | 78.42 | 84.24 | 74.41 | 0.879 times |
| 30 Tue Apr 2024 | 78.44 | 86.87 | 86.87 | 76.72 | 1.109 times |
| 28 Thu Mar 2024 | 86.13 | 85.18 | 86.73 | 81.47 | 0.529 times |
| 29 Thu Feb 2024 | 85.18 | 85.02 | 92.91 | 75.78 | 1.876 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mgp Ingredients in short term and the sell signal is strong.
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 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 77.46 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mgp Ingredients in short term and the sell signal is strong.
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 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 77.46 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.