(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 2024-06-05 View latest technical analysis
10 day averaged volume of Mgp Ingredients is 193921
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 74.04 | 76.69 | 76.69 | 73.52 | 1.125 times |
| 04 Tue Jun 2024 | 76.10 | 75.63 | 76.54 | 74.68 | 0.828 times |
| 03 Mon Jun 2024 | 76.02 | 78.24 | 79.12 | 74.82 | 2.083 times |
| 31 Fri May 2024 | 77.62 | 76.91 | 77.81 | 76.14 | 1.071 times |
| 30 Thu May 2024 | 76.50 | 75.25 | 76.84 | 74.77 | 0.924 times |
| 29 Wed May 2024 | 74.62 | 74.51 | 75.38 | 74.46 | 1.08 times |
| 28 Tue May 2024 | 75.41 | 75.32 | 76.32 | 74.41 | 0.898 times |
| 23 Thu May 2024 | 76.05 | 78.34 | 78.34 | 75.75 | 0.815 times |
| 22 Wed May 2024 | 78.49 | 79.78 | 80.26 | 78.18 | 0.732 times |
| 21 Tue May 2024 | 80.08 | 78.19 | 80.53 | 78.11 | 0.684 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 76, but if it comes above 76, then a intra day buy could be more profitable.
If you take a sell trade below 76, then use 76 as stoploss and 72.5 as target. However if you take a buy trade in stock , then use 76 as stoploss and 78.94 as target.
Share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Target | 73.52 |
| Upside Target | 79.52 |
| Upside Target | 80.58 |
| Upside Target | 81.47 |
| Upside Target | 83.89 |
| Upside Target | 84.24 |
| Upside Target | 86.73 |
| Upside Target | 86.87 |
| Upside Target | 92.91 |
Intraday share price targets for Mgp Ingredients (MGPI)
| Target Type | Value |
| Downside Intraday Target | 72 |
| Downside Intraday Target | 69.96 |
| Upside Intraday Target | 77.6 |
| Upside Intraday Target | 81.16 |
| Upside Intraday Target | 75.56 |
Weekly technical analysis of Mgp Ingredients (MGPI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 74.04 | 78.24 | 79.12 | 73.52 | 1.016 times |
| 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 |
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 |
| 05 Wed Jun 2024 | 74.04 | 78.24 | 79.12 | 73.52 | 0.23 times |
| 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 |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 and SELL signal is strong!
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
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 76.27 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.
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 and SELL signal is strong!
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
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 76.27 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.