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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 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
39.3900 39.9500 39.2434 39.8950 +0.0450
Entry Signal

MarketClub’s Trade Triangles for MGPI

long term down The long-term trend has been DOWN since Oct 18th, 2024 at 68.860

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 85.775

short term up The short-term trend has been UP since Dec 6th, 2024 at 46.565

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
39.3900 39.9500 39.2434 39.8950 +0.0450
Prev. Close Volume Bid Ask Time
39.8500 94786 2024-12-26 14:24:35
Year High99.73Year High Date2018-06-20
Year Low64.06Year Low Date2018-11-05
52wk High102.4252wk High Date2023-12-27
52wk Low38.6552wk Low Date2024-12-23
Year End Close3.42Average Volume426,098
Shares Outstanding21,953Short Interest19,641
% Institutional21.8Market Cap941M
Assets144,061,900MLiabilities526,147,000M
P/E Ratio8.2848Beta2.38
Volatility41.8
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