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Stock Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

MGP Ingredients, Inc. (NASDAQ:MGPI)

Long-Term Uptrend (+90) - MGPI is in a strong uptrend that is likely to continue. While MGPI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
88.700 89.499 85.460 86.600 -1.460
Entry Signal

MarketClub’s Trade Triangles for MGPI

long term up The long-term trend has been UP since Sep 3rd, 2020 at 40.28

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2021 at 69.41

short term up The short-term trend has been UP since Nov 29th, 2021 at 75.13

Smart Scan Analysis for MGPI

Based on our trend formula, MGPI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MGPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.700 89.499 85.460 86.600 -1.460
Prev. Close Volume Bid Ask Time
86.600 90175 2021-12-08 15:59:58
Year High99.73Year High Date2018-06-20
Year Low64.06Year Low Date2018-11-05
52wk High88.9952wk High Date2021-12-07
52wk Low43.821852wk Low Date2020-12-08
Year End Close3.42Average Volume211,059
Shares Outstanding21,964Short Interest19,641
% Institutional21.8Market Cap941M
Assets101,746,800MLiabilities402,278,000M
P/E Ratio24.5978Beta2.38
Volatility41.8
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