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.
MarketClub’s Trade Triangles for MGPI
The long-term trend has been DOWN since Jan 27th, 2023 at 94.22
The intermediate-term trend has been DOWN since May 26th, 2023 at 94.06
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).
|Year High||99.73||Year High Date||2018-06-20|
|Year Low||64.06||Year Low Date||2018-11-05|
|52wk High||125.74||52wk High Date||2022-11-25|
|52wk Low||89.01||52wk Low Date||2022-06-13|
|Year End Close||3.42||Average Volume||113,594|
|Shares Outstanding||22,010||Short Interest||19,641|
|% Institutional||21.8||Market Cap||941M|