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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.

10 day averaged volume of Mgp Ingredients is 161310

Date Daily Closing Price Open High Low Volume
23 Tue Apr 2024 79.56 80.34 80.34 78.69 1.219 times
22 Mon Apr 2024 80.52 80.00 80.76 78.41 0.669 times
19 Fri Apr 2024 79.75 79.04 80.92 78.98 1.705 times
18 Thu Apr 2024 79.45 77.64 79.88 77.50 1.133 times
17 Wed Apr 2024 77.78 79.67 81.37 77.51 0.803 times
16 Tue Apr 2024 79.08 77.51 79.38 76.82 1.25 times
15 Mon Apr 2024 78.13 78.17 79.49 77.90 0.935 times
12 Fri Apr 2024 77.60 77.03 78.00 76.72 0.9 times
11 Thu Apr 2024 77.74 79.94 80.71 77.59 1.045 times
10 Wed Apr 2024 79.66 79.47 80.15 78.20 1.008 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 78.4 as stoploss in an intra day buy trade for a target of 81.01. However, stock will show a bearish move below 78.4.

Share price targets for Mgp Ingredients (MGPI)

Target Type Value
Downside Target 75.78
Downside Target 78.41
Upside Target 80.40
Upside Target 84.86
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 78.39
Downside Intraday Target 77.23
Upside Intraday Target 80.74
Upside Intraday Target 81.93
Upside Intraday Target 79.58

Weekly technical analysis of Mgp Ingredients (MGPI)

Date Weekly Closing Price Open High Low Volume
23 Tue Apr 2024 79.56 80.00 80.76 78.41 0.324 times
19 Fri Apr 2024 79.75 78.17 81.37 76.82 1.417 times
12 Fri Apr 2024 77.60 81.66 81.82 76.72 0.931 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

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
23 Tue Apr 2024 79.56 86.87 86.87 76.72 0.749 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 78.99 and Mgp Ingredients (MGPI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgp Ingredients ( (MGPI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 78.99 and Mgp Ingredients (MGPI) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Daily charts

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Daily chart
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