MGP Ingredients (MGPI) Technical Analysis: Signals, Charts & Indicators

2.59 / 10

Underperform

Technical score is 2.59/10, indicating poor structure. All four examined candlestick patterns (Long Lower/Upper Shadow, Marubozu White) are bearish, and the MACD Death Cross offers only neutral signals. No bullish indicators appear, highlighting downside risk.

Analysis Checks(0/4)

Long Lower Shadow

Score1/10

Win Rate12.50%

Hist. Signals8

Avg Return-2.16%

Long Upper Shadow

Score3.75/10

Win Rate50.00%

Hist. Signals8

Avg Return0.04%

MACD Death Cross

Score4.61/10

Win Rate55.56%

Hist. Signals9

Avg Return0.16%

Marubozu White

Score1/10

Win Rate17.65%

Hist. Signals17

Avg Return-1.86%

Technical Analysis of MGPI?

MGPI presents a Underperform setup with a Technical Score of 2.59/10. Key technical indicators highlight an RSI of 41.26 and a MACD of 0.47, with the trend anchored by the 50-Day SMA at 22.34. Traders should monitor key support at 17.19 and resistance at 18.63.