Taking everything into account, MLPLC scores 8 out of 10 in our technical rating. MLPLC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: MLPLC has an average volume of 6 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MLPLC is one of the better performing stocks in the Building Products industry, it outperforms 88% of 19 stocks in the same industry.
In the last month MLPLC has a been trading in the 450.00 - 570.00 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, MLPLC did better than 89% of all other stocks. We also observe that the gains produced by MLPLC over the past year are nicely spread over this period. However, we also see that MLPLC couldn't keep up this performance in the last couple of months.
MLPLC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.