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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.
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MarketClub’s Trade Triangles for MGPI
The long-term trend has been DOWN since Oct 18th, 2024 at 68.860
The intermediate-term trend has been DOWN since Sep 9th, 2024 at 85.775
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).
| 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 High | 99.73 | Year High Date | 2018-06-20 |
| Year Low | 64.06 | Year Low Date | 2018-11-05 |
| 52wk High | 102.42 | 52wk High Date | 2023-12-27 |
| 52wk Low | 38.65 | 52wk Low Date | 2024-12-23 |
| Year End Close | 3.42 | Average Volume | 426,098 |
| Shares Outstanding | 21,953 | Short Interest | 19,641 |
| % Institutional | 21.8 | Market Cap | 941M |
| Assets | 144,061,900M | Liabilities | 526,147,000M |
| P/E Ratio | 8.2848 | Beta | 2.38 |
| Volatility | 41.8 |