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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
MGP Ingredients, Inc. (NASDAQ:MGPI)
Countertrend Down (-85) - MGPI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MGPI?
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MarketClub’s Trade Triangles for MGPI
The long-term trend has been DOWN since Oct 12th, 2023 at 100.0800
The intermediate-term trend has been DOWN since Apr 5th, 2024 at 81.4821
The short-term trend has been UP since Apr 17th, 2024 at 79.4900
Smart Scan Analysis for MGPI
Based on our trend formula, MGPI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.04 | 80.92 | 78.98 | 79.91 | +0.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 79.45 | 242520 | 2024-04-19 15:59:26 |
| Year High | 99.73 | Year High Date | 2018-06-20 |
| Year Low | 64.06 | Year Low Date | 2018-11-05 |
| 52wk High | 124.955 | 52wk High Date | 2023-08-10 |
| 52wk Low | 75.78 | 52wk Low Date | 2024-02-22 |
| Year End Close | 3.42 | Average Volume | 152,314 |
| Shares Outstanding | 22,065 | Short Interest | 19,641 |
| % Institutional | 21.8 | Market Cap | 941M |
| Assets | 139,234,800M | Liabilities | 541,856,000M |
| P/E Ratio | 16.5521 | Beta | 2.38 |
| Volatility | 41.8 |