USA - NASDAQ:MGPI - US55303J1060 - Common Stock
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.
Although the technical rating is bad, MGPI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 27.43, a Stop Loss order could be placed below this zone.
26.24
2 important support areas can be observed.
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MGPI is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGPI is down. |
ChartMill Relative Strength | 5.08 | NEGATIVE | MGPI has a low relative strength, it was outperformed by 94.92% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGPI is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGPI is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGPI is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 41.86 | NEUTRAL | The RSI value for MGPI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests MGPI has a negative trend. |
Stochastics (14,3) | 19.7 | OVERSOLD | The low Stochastics value suggests MGPI may be oversold. |
Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for MGPI suggests some volalility. |
Average Directional Index/ADX (14) | 12.76 | NEGATIVE | The low ADX value for MGPI suggests a weak or negative trend. |
NASDAQ:MGPI (9/16/2025, 3:31:35 PM)
27.79
+0.02 (+0.07%)