MP MATERIALS CORP (MP) Stock Technical Analysis
NYSE:MP - New York Stock Exchange, Inc. - US5533681012 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to MP. Both in the recent history as in the last year, MP has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MP is one of the better performing stocks in the market, outperforming 93% of all stocks.
MP is part of the Metals & Mining industry. There are 150 other stocks in this industry. MP outperforms 81% of them.
MP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MP is performing more or less in line with the market.
MP has an average volume of 3147780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MP has a been trading in the 21.81 - 26.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MP also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.44
24.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.52 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.56 from a trend line in the weekly time frame.
- Support @17.62 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.30 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.42
Mansfield2.82
10 Day High25.35
10 Day Low22.25
20 Day High26
20 Day Low21.81
52 Week High26
52 Week Low10.02
Performance
1 Week-7.17%
2 Weeks-5.02%
1 Month2.6%
3 Month14.25%
6 Month61.97%
12 Month47.83%
2 Year-20.08%
3 Year-60.71%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)47.55
LBB22.59
UBB24.9
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.31 | 22.51 | 1.80 (7.40%) | 13.51% |
| An entry @24.31. This is a Buy Stop order right above the resistance zone. | An exit @22.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.80 points, which is 7.40%. | When investing 13.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of MP. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.53
-1.48 (-6.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.16%
1 Week-7.17%
2 Weeks-5.02%
1 Month2.6%
3 Month14.25%
6 Month61.97%
12 Month47.83%
2 Year-20.08%
3 Year-60.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%6.07%
ATR Inc53.89%
Range Today2.38
ADR(20)1.3
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.42
Mansfield2.82
10 Day High25.35
10 Day Low22.25
20 Day High26
20 Day Low21.81
52 Week High26
52 Week Low10.02
CS1 End22.52
CR1 Start24.3
Volume & EV
DER(3)1.81%
DER(5)-0.89%
Volume4.16M
Volume Incr-12.27%
Vol(5)2.99M
Vol(50)3.15M