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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 2024-12-31 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 433316

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	39.37	39.25	39.68	38.86	0.564 times
30 Mon Dec 2024	38.87	39.19	39.40	38.24	0.555 times
27 Fri Dec 2024	39.49	39.88	40.64	38.93	0.605 times
26 Thu Dec 2024	40.27	39.39	40.31	39.24	0.703 times
24 Tue Dec 2024	39.85	39.97	40.01	38.65	0.645 times
23 Mon Dec 2024	39.85	40.11	40.11	38.65	1.383 times
20 Fri Dec 2024	40.00	40.95	40.95	38.84	3.21 times
19 Thu Dec 2024	41.80	42.80	43.55	41.78	0.681 times
18 Wed Dec 2024	42.60	44.01	44.15	42.21	0.514 times
17 Tue Dec 2024	43.82	44.16	44.57	43.54	0.531 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.3, but if it comes above 40.3, then a intra day buy could be more profitable.
If you take a sell trade below 40.3, then use 40.3 as stoploss and 37 as target. However if you take a buy trade in stock , then use 40.3 as stoploss and 43.04 as target.

Share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Target	38.24
Upside Target	39.68
Upside Target	40.64
Upside Target	43.48
Upside Target	44.76
Upside Target	46.55
Upside Target	47.91
Upside Target	53.31
Upside Target	78.27
Upside Target	80.45
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	38.51
Downside Intraday Target	37.66
Upside Intraday Target	39.95
Upside Intraday Target	40.54
Downside Intraday Target	39.1

Weekly technical analysis of Mgp Ingredients (MGPI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	39.37	39.19	39.68	38.24	0.335 times
27 Fri Dec 2024	39.49	40.11	40.64	38.65	0.546 times
20 Fri Dec 2024	40.00	45.14	45.63	38.84	1.809 times
13 Fri Dec 2024	45.17	44.85	47.14	44.76	2.251 times
26 Tue Nov 2024	44.42	46.55	46.55	43.48	0.458 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
31 Tue Dec 2024	39.37	44.85	47.14	38.24	0.573 times
26 Tue Nov 2024	44.42	48.64	53.31	43.48	0.887 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

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 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 Strong and stock is losing 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 getting stronger in this stock.

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 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 40.34 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.