MGPI Stock Price Prediction

MGP Ingredients Inc

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32.890

-0.040(-0.120%)

Overview
Forecast
Valuation

Should I Buy MGP Ingredients Inc Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. MGPI has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

MGPI stock price ended at $32.89 on Friday, after losing -0.12%

The MGP Ingredients Inc stock price decreased by -0.12% on the last trading day (09 May 2025), dropping from 33.5 to 32.89. Throughout the last trading session, the stock experienced a fluctuation of 2.68% , ranging from a day low of $32.87 to a day high of 33.75. The price has declined in 3 of the last 10 days, resulting in a total change of 12.68% during this period. On the last day, trading volume decrease by 64.87K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 489.96K shares were traded, amounting to approximately 16.32M.

MGPI Technical Signals

MGPI(MGP Ingredients Inc Corp) has 3 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-04-16. The total price change during this trend is +23.00%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of MGPI over the last 5 trading days is 15.25M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

MGPI Moving Average Analysis

MGP Ingredients Inc's overall moving average trend leans more bullish as of Sunday, May 11, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $34.379646666666666, and $36.33166666666666. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $28.063686666666666, and $26.111666666666665. A break-down below any of these levels will issue sell signals.

MGPI Short Selling Analysis

The short sale ratio of MGP Ingredients Inc(MGPI) as of 09 May 2025 is 14.55%, dropping from last trading day. With decreasing price from 32.93 to 32.89. The short sell activity indicate that short sellers may be anticipating price hit a bottom.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

3.242

Bullish

Momentum (10 days)

MOM_10 > 0

3.7

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.882

Bullish

4 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

85.813

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

137.368

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

92.659

Bearish

Williams %R (14 days)

WILLR_14 > -20

-14.853

Bearish

MGPI Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to MGP Ingredients Inc(MGPI), our algorithm predicts MGPI's 1-month price at $32.04, with an 0.47%upwardshift. Using a similarity score up to 93.39%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for MGP Ingredients Inc (MGPI.O) stock, as of Sunday, May 4, 2025 , forecasts a 0.47% change over the next month, based on its high correlation with MERC.O stock patterns. The similarity between their price movements over the analyzed periods is 93.39%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

MGPI

Future prediction

Up: 0.47%

MERC

Up: 0.47%Similarity: 93.39%

Name

Similarity

Up/Down

MERC.O

93.39%

+0.47%

TRIP.O

92.97%

+6.10%

FAST.O

92.95%

+6.87%

NOC.N

92.95%

+1.70%

PJT.N

92.88%

+7.15%

PIPR.N

92.84%

+4.39%

H.N

92.71%

+3.31%

RY.N

92.64%

+1.48%

RGEN.O

92.46%

+6.91%

HEI.N

92.39%

-11.38%

MGPI Seasonality Analysis

Based on MGPI's historical stock price data across all years, the probability of a positive return in May is45.45%, suggesting it maynotbe an ideal month to invest in MGPI. In contrast,Apriloffers the highest probability of positive returns at81.82%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying MGP Ingredients Inc (MGPI.O) stock in April has the highest probability of a positive return (81.82%), while January has the lowest probability (27.27%).

Performance Seasonality

The chart shows MGP Ingredients Inc. (MGPI)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.