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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
MGP Ingredients, Inc. (NASDAQ:MGPI)
Bull Market Weakness (+75) - MGPI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MGPI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MGPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGPI
The long-term trend has been DOWN since Oct 12th, 2023 at 100.0800
The intermediate-term trend has been UP since Jul 12th, 2024 at 75.6897
The short-term trend has been UP since Jul 11th, 2024 at 74.5100
Smart Scan Analysis for MGPI
Based on our trend formula, MGPI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.89 | 82.29 | 80.75 | 82.24 | +1.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.99 | 114086 | 2024-07-26 15:59:55 |
| Year High | 99.73 | Year High Date | 2018-06-20 |
| Year Low | 64.06 | Year Low Date | 2018-11-05 |
| 52wk High | 124.955 | 52wk High Date | 2023-08-10 |
| 52wk Low | 68.86 | 52wk Low Date | 2024-07-09 |
| Year End Close | 3.42 | Average Volume | 163,380 |
| Shares Outstanding | 22,015 | Short Interest | 19,641 |
| % Institutional | 21.8 | Market Cap | 941M |
| Assets | 139,028,200M | Liabilities | 523,263,000M |
| P/E Ratio | 18.7044 | Beta | 2.38 |
| Volatility | 41.8 |