Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

MGP Ingredients, Inc. (NASDAQ:MGPI)

Sidelines Mode (-55) - MGPI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
97.800 101.115 96.865 100.825 +4.025
Entry Signal

MarketClub’s Trade Triangles for MGPI

long term down The long-term trend has been DOWN since Jan 27th, 2023 at 94.22

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2023 at 94.06

short term up The short-term trend has been UP since Jun 2nd, 2023 at 97.74

Smart Scan Analysis for MGPI

Based on our trend formula, MGPI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MGPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97.800 101.115 96.865 100.825 +4.025
Prev. Close Volume Bid Ask Time
100.730 85851 2023-06-02 15:59:41
Year High99.73Year High Date2018-06-20
Year Low64.06Year Low Date2018-11-05
52wk High125.7452wk High Date2022-11-25
52wk Low89.0152wk Low Date2022-06-13
Year End Close3.42Average Volume113,594
Shares Outstanding22,010Short Interest19,641
% Institutional21.8Market Cap941M
Assets118,418,600MLiabilities407,120,000M
P/E Ratio20.9978Beta2.38
Volatility41.8
Get a free daily analysis and signals for MGP Ingredients, Inc. (MGPI) - Request Your Free Report.