Is MGP Ingredients, Inc. technically bullish or bearish?

As of 11 September 2025, the technical trend for MGP Ingredients, Inc. has changed from mildly bearish to bearish. The current technical stance is bearish with weak strength, driven by bearish signals across multiple indicators: the MACD is bearish on a monthly basis, Bollinger Bands are bearish for both weekly and monthly periods, and moving averages indicate a bearish trend daily. The KST and OBV are also bearish on both weekly and monthly time frames. In terms of performance, MGP Ingredients has significantly underperformed the S&P 500, with a year-to-date return of -29.87% compared to the S&P 500's 12.22%, and a one-year return of -67.22% versus the S&P 500's 17.14%.