Stock Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
MGP Ingredients, Inc (NASDAQ:MGPI)
Strong Uptrend (+100) - MGPI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MGPI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Sep 3rd, 2020 at 40.28
The intermediate-term trend has been UP since Nov 23rd, 2020 at 43.84
The short-term trend has been UP since Jan 14th, 2021 at 51.74
Smart Scan Analysis for MGPI
Based on our trend formula, MGPI is rated as a +100 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||53.33||52wk High Date||2020-01-16|
|52wk Low||21.64||52wk Low Date||2020-03-19|
|Year End Close||3.42||Average Volume||91,978|
|Shares Outstanding||16,916||Short Interest||19,641|
|% Institutional||21.8||Market Cap||941M|