Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

MGP Ingredients, Inc. (NASDAQ:MGPI)

Bear Market Rally (-75) - MGPI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGPI as it may be in the beginning 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.

NASDAQ_MGPI
Open High Low MGPI Price Change
74.22 75.24 73.63 74.80 +0.28
Entry Signal

MarketClub’s Trade Triangles for MGPI

long term down The long-term trend has been DOWN since Oct 12th, 2023 at 100.080

intermediate term down The intermediate-term trend has been DOWN since May 23rd, 2024 at 77.795

short term up The short-term trend has been UP since Jun 12th, 2024 at 74.010

Smart Scan Analysis for MGPI

Based on our trend formula, MGPI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MGPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
74.22 75.24 73.63 74.80 +0.28
Prev. Close Volume Bid Ask Time
74.79 195233 2024-06-17 15:59:45
Year High99.73Year High Date2018-06-20
Year Low64.06Year Low Date2018-11-05
52wk High124.95552wk High Date2023-08-10
52wk Low70.8252wk Low Date2024-06-10
Year End Close3.42Average Volume187,379
Shares Outstanding22,065Short Interest19,641
% Institutional21.8Market Cap941M
Assets139,028,200MLiabilities523,263,000M
P/E Ratio17.2102Beta2.38
Volatility41.8
Get a free daily analysis and signals for MGP Ingredients, Inc. (MGPI) - Request Your Free Report.