MGP INGREDIENTS INC (MGPI) Stock Technical Analysis
NASDAQ:MGPI - Nasdaq - US55303J1060 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MGPI. MGPI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MGPI is a bad performer in the overall market: 89% of all stocks are doing better.
MGPI is one of the lesser performing stocks in the Beverages industry. 83% of 32 stocks in the same industry do better.
MGPI is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so MGPI is not an exception.
In the last month MGPI has a been trading in the 25.12 - 30.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGPI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
26.24
31.08
We found 1 important support area.
- Support @26.51 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @28.82 from a horizontal line in the daily time frame.
- A resistance zone ranging from 30.58 to 30.77. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS11.16
Mansfield-4.73
10 Day High29.67
10 Day Low25.12
20 Day High30.04
20 Day Low25.12
52 Week High92.52
52 Week Low25.12
Performance
1 Week-0.78%
2 Weeks3.65%
1 Month-4.97%
3 Month-22.41%
6 Month-51.05%
12 Month-65.14%
2 Year-71.54%
3 Year-69.25%
5 Year-25.58%
10 Year100%
15 Year261.39%
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)0.18
RSI(14)45.06
LBB26.16
UBB29.05
28.08
+0.18 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
Performance
% Chg0.65%
1 Week-0.78%
2 Weeks3.65%
1 Month-4.97%
3 Month-22.41%
6 Month-51.05%
12 Month-65.14%
2 Year-71.54%
3 Year-69.25%
5 Year-25.58%
10 Year100%
15 Year261.39%
Volatility
ATR(14)1.56
ATR(20)%4.81%
ATR Inc-19.94%
Range Today1.2
ADR(20)1.35
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.16
Mansfield-4.73
10 Day High29.67
10 Day Low25.12
20 Day High30.04
20 Day Low25.12
52 Week High92.52
52 Week Low25.12
CS1 End26.51
CR1 Start28.82
Volume & EV
DER(3)-2.44%
DER(5)-2.46%
Volume377.72K
Volume Incr3.53%
Vol(5)381.50K
Vol(50)422.76K