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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 2024-11-22 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 455450

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	45.50	46.56	47.32	44.96	0.966 times
21 Thu Nov 2024	46.75	46.61	47.09	46.16	0.667 times
20 Wed Nov 2024	46.62	46.00	47.23	45.80	0.765 times
19 Tue Nov 2024	46.24	48.42	48.55	45.84	0.92 times
18 Mon Nov 2024	48.80	49.92	50.21	48.65	0.518 times
15 Fri Nov 2024	49.65	50.75	50.82	49.60	0.601 times
14 Thu Nov 2024	50.43	50.89	51.52	50.18	0.664 times
13 Wed Nov 2024	50.54	50.98	51.35	50.10	0.85 times
12 Tue Nov 2024	50.81	51.29	52.00	50.63	1.152 times
11 Mon Nov 2024	51.64	50.55	53.31	50.55	2.038 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	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	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	1.349 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 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.