MGP Ingredients: RSI Overbought, KDJ Death Cross on 15-minute chart.

MGP Ingredients' 15-minute chart has recently displayed two notable indicators: RSI Overbought and KDJ Death Cross. The first indicator suggests that the stock price has risen too quickly, exceeding its fundamental support. The latter indicator signals a shift in momentum, with the stock price potentially poised to decline further. This combination of indicators suggests that the stock price may be due for a correction, as it has become overextended and is at risk of losing momentum.

MGP Ingredients' (MGPI) 15-minute chart has recently displayed two notable indicators: RSI Overbought and KDJ Death Cross. These indicators suggest that the stock price has risen too quickly and may be due for a correction. The Relative Strength Index (RSI) reached an overbought level, indicating that the stock price has become overextended. The KDJ Death Cross, formed when the K line crosses below the D line, is a bearish signal indicating a potential reversal in the stock's trend [3]. This combination of signals suggests that the stock price may be poised to decline further.

On Wednesday, August 13, 2025, MGP Ingredients' stock price ended at $28.46 after gaining 2.71%. The stock has fallen in 6 of the last 10 days and is down by -3.1% for this period. Volume has increased on the last day along with the price, which is a positive technical sign [1]. The stock is expected to fall by -5.25% during the next 3 months, with a 90% probability of holding a price between $24.71 and $30.38 at the end of this period [1].

MGP Ingredients reported a sharp year-over-year revenue decline in Q2, with management attributing performance to ongoing challenges in its Distilling Solutions segment and continued pressure on mid and value-tier spirit brands. Despite these pressures, the company remains focused on executing with purposeful focus and agility [2]. The company's revenue for Q2 2025 was $145.5 million, a 23.7% year-on-year decline, but it beat analyst estimates by 3.7%. The adjusted EPS was $0.97, a 47.3% beat over estimates of $0.66 [2].

MGP Ingredients currently trades at $28.05, down from $29.37 just before the earnings. The stock is expected to open approximately 0.422% lower on the ex-dividend date on Friday, August 15, 2025 [1]. Despite the recent technical indicators and earnings report, the stock holds a negative evaluation due to several negative signals [1].

References:
[1] https://stockinvest.us/stock/MGPI
[2] https://finance.yahoo.com/news/mgp-ingredients-q2-earnings-call-031106378.html
[3] https://www.ainvest.com/news/scansource-15min-chart-shows-rsi-overbought-kdj-death-cross-signals-2508/