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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 2024-11-19 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 502740

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	46.24	48.42	48.55	45.84	0.833 times
18 Mon Nov 2024	48.80	49.92	50.21	48.65	0.469 times
15 Fri Nov 2024	49.65	50.75	50.82	49.60	0.545 times
14 Thu Nov 2024	50.43	50.89	51.52	50.18	0.602 times
13 Wed Nov 2024	50.54	50.98	51.35	50.10	0.77 times
12 Tue Nov 2024	50.81	51.29	52.00	50.63	1.044 times
11 Mon Nov 2024	51.64	50.55	53.31	50.55	1.847 times
08 Fri Nov 2024	50.90	49.05	51.21	49.05	1.653 times
07 Thu Nov 2024	49.07	48.09	49.75	47.71	0.956 times
06 Wed Nov 2024	48.29	46.34	49.16	46.34	1.083 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.1, but if it comes above 47.1, then a intra day buy could be more profitable.
If you take a sell trade below 47.1, then use 47.1 as stoploss and 42 as target. However if you take a buy trade in stock , then use 47.1 as stoploss and 51.38 as target.

Share price targets for Mgp Ingredients (MGPI)

Target Type	Value
Downside Target	45.44
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	44.65
Downside Intraday Target	43.06
Upside Intraday Target	49.02
Upside Intraday Target	51.8
Upside Intraday Target	47.43

Weekly technical analysis of Mgp Ingredients (MGPI)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	46.24	49.92	50.21	45.84	0.271 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
19 Tue Nov 2024	46.24	48.64	53.31	45.44	0.621 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 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 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 BUY signal for Mgp Ingredients in short term but the buy signal is initial and weak.

Mgp Ingredients Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

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 49.94 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.