MGP Ingredients (MGPI, $30.87) RSI Indicator left the overbought zone on May 01, 2025

#BeveragesAlcoholic, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap, #Russel2000
MGPI - MGP Ingredients
RSI signal
Bearish Trend
88%
Odds of DOWN Trend
Price: $30.87
Daily change: +$1.4 (+4.75%)
Daily volume: 648.5K
Capitalization: $656.6M
Industry: Beverages: Alcoholic

This is a signal that MGPI's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 32 similar cases where MGPI's RSI Indicator left the overbought zone, and in 28 of them led to a successful outcome. Odds of Success: 88%.