Technical Analysis for MGPI - MGP Ingredients, Inc.

Grade Last Price % Change Price Change
grade F 31.8 -1.94% -0.63
MGPI closed down 1.94 percent on Tuesday, February 25, 2020, on 1.11 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Feb 26
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical MGPI trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
BB Squeeze Ended Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.94%
Bollinger Band Squeeze Range Contraction -1.94%

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Profile

MGP Ingredients, Inc. produces and sells distillery and ingredients products to the packaged goods industry primarily in the United States, Japan, and Canada. The company operates in two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol along with fuel grade alcohol, and distillers feed. The Ingredient Solutions segment offers specialty wheat starches and proteins, commodity wheat starches, and commodity vital wheat gluten. The company sells its products directly and through distributors to manufacturers and processors of finished packaged goods or bakeries. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
Health Food And Drink Nutrition Cuisine Staple Foods Wheat Chinese Cuisine Japanese Cuisine Starch

Is MGPI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 88.99
52 Week Low 31.43
Average Volume 204,388
200-Day Moving Average 51.26
50-Day Moving Average 41.42
20-Day Moving Average 33.80
10-Day Moving Average 33.47
Average True Range 1.20
ADX 45.65
+DI 11.16
-DI 41.35
Chandelier Exit (Long, 3 ATRs ) 34.15
Chandelier Exit (Short, 3 ATRs ) 35.03
Upper Bollinger Band 35.27
Lower Bollinger Band 32.34
Percent B (%b) -0.18
BandWidth 8.67
MACD Line -2.34
MACD Signal Line -2.60
MACD Histogram 0.2614
Fundamentals Value
Market Cap 532.03 Million
Num Shares 16.7 Million
EPS 1.91
Price-to-Earnings (P/E) Ratio 16.65
Price-to-Sales 3.24
Price-to-Book 6.74
PEG Ratio 2.55
Dividend 0.16
Dividend Yield 0.50%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 33.27
Resistance 3 (R3) 33.31 32.86 33.03
Resistance 2 (R2) 32.86 32.49 32.84 32.94
Resistance 1 (R1) 32.33 32.25 32.11 32.29 32.86
Pivot Point 31.88 31.88 31.77 31.86 31.88
Support 1 (S1) 31.35 31.51 31.13 31.31 30.74
Support 2 (S2) 30.90 31.27 30.88 30.66
Support 3 (S3) 30.37 30.90 30.58
Support 4 (S4) 30.33