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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 2024-04-08 View latest technical analysis

10 day averaged volume of Mgp Ingredients is 153420

Date Daily Closing Price Open High Low Volume
08 Mon Apr 2024 79.96 81.66 81.82 79.70 0.636 times
05 Fri Apr 2024 80.85 82.37 82.37 80.40 0.669 times
04 Thu Apr 2024 82.75 83.66 84.42 82.70 0.842 times
03 Wed Apr 2024 82.83 82.32 83.45 82.01 0.756 times
02 Tue Apr 2024 82.71 84.95 84.95 81.80 1.09 times
01 Mon Apr 2024 85.35 86.87 86.87 84.62 1.285 times
28 Thu Mar 2024 86.13 86.60 86.73 85.81 0.877 times
27 Wed Mar 2024 85.80 83.74 86.43 83.41 1.182 times
26 Tue Mar 2024 82.95 83.29 83.72 81.98 0.657 times
25 Mon Mar 2024 82.19 83.70 84.59 82.17 1.289 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 80, for a target of 82 or 83.59

Share price targets for Mgp Ingredients (MGPI)

Target Type Value
Downside Target 75.78
Downside Target 79.70
Upside Target 84.86
Upside Target 86.56
Upside Target 86.73
Upside Target 86.87
Upside Target 92.91
Upside Target 101.69
Upside Target 102.42

Intraday share price targets for Mgp Ingredients (MGPI)

Target Type Value
Downside Intraday Target 79.17
Downside Intraday Target 78.37
Upside Intraday Target 81.29
Upside Intraday Target 82.61
Upside Intraday Target 80.49

Weekly technical analysis of Mgp Ingredients (MGPI)

Date Weekly Closing Price Open High Low Volume
08 Mon Apr 2024 79.96 81.66 81.82 79.70 0.137 times
05 Fri Apr 2024 80.85 86.87 86.87 80.40 1.159 times
28 Thu Mar 2024 86.13 83.70 86.73 81.98 0.809 times
22 Fri Mar 2024 83.31 83.31 84.94 81.48 0.827 times
15 Fri Mar 2024 83.64 82.85 86.56 81.87 0.941 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
08 Mon Apr 2024 79.96 86.87 86.87 79.70 0.232 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
31 Wed Jan 2024 84.95 97.63 101.69 84.86 0.893 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 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 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 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 but selling is losing 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 83.43 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 positive

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 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 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 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 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 but selling is losing 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 83.43 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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