MGP INGREDIENTS INC (MGPI) Stock Technical Analysis
NASDAQ:MGPI - Nasdaq - US55303J1060 - Common Stock
Taking everything into account, MGPI scores 0 out of 10 in our technical rating. MGPI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MGPI is a bad performer in the overall market: 96% of all stocks are doing better.
MGPI is part of the Beverages industry. There are 31 other stocks in this industry, of which 96% are performing better than MGPI.
MGPI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MGPI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
The technical rating of MGPI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
35.44
84.63
4 important resistance areas can be observed.
- A resistance zone ranging from 36.06 to 36.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.59 to 37.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @41.16 from a trend line in the daily time frame.
- Resistance @83.79 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.03
Mansfield-5.47
10 Day High40.26
10 Day Low34.02
20 Day High43.55
20 Day Low34.02
52 Week High92.91
52 Week Low34.02
Performance
1 Week-2.35%
2 Weeks-6.33%
1 Month-15.96%
3 Month-37.6%
6 Month-56.46%
12 Month-59.58%
2 Year-63.3%
3 Year-52.68%
5 Year5.11%
10 Year125.73%
15 Year443.25%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.2
RSI(14)32.01
LBB34.05
UBB39.96
MGP INGREDIENTS INC
NASDAQ:MGPI (1/21/2025, 8:14:04 PM)
After market: 35.8 0 (0%)35.8
-0.25 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg-0.69%
1 Week-2.35%
2 Weeks-6.33%
1 Month-15.96%
3 Month-37.6%
6 Month-56.46%
12 Month-59.58%
2 Year-63.3%
3 Year-52.68%
5 Year5.11%
10 Year125.73%
15 Year443.25%
Volatility
ATR(14)1.6
ATR(20)%4.58%
ATR Inc-50.52%
Range Today0.79
ADR(20)1.56
ADR(20)%4.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.03
Mansfield-5.47
10 Day High40.26
10 Day Low34.02
20 Day High43.55
20 Day Low34.02
52 Week High92.91
52 Week Low34.02
CS1 EndN/A
CR1 Start36.06
Volume & EV
DER(3)1.51%
DER(5)1.72%
Volume273.90K
Volume Incr-45.22%
Vol(5)231.16K
Vol(50)417.06K