MP MATERIALS CORP (MP)
US5533681012 - Common Stock
Overall MP gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MP is showing a nice and steady performance.
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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MP is part of the Metals & Mining industry. There are 157 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 however is currently trading near a new high, so MP is lagging the market slightly.
MP has an average volume of 3193300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MP is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month MP has a been trading in the 17.65 - 20.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 18.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MP in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
17.55
19.85
We found 1 important support area.
- A support zone ranging from 17.73 to 18.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @19.65 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
CRS87.4
Mansfield0.92
10 Day High20.58
10 Day Low17.65
20 Day High20.58
20 Day Low17.65
52 Week High20.85
52 Week Low10.02
Performance
1 Week7.44%
2 Weeks0.72%
1 Month5.36%
3 Month51.66%
6 Month14.59%
12 Month21.91%
2 Year-40.93%
3 Year-55.3%
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)-0.12
RSI(14)59.56
LBB17.59
UBB20.55
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 |
|---|---|---|---|
| 19.66 | 17.64 | 2.02 (10.27%) | 9.73% |
| An entry @19.66. This is a Buy Stop order right above the resistance zone. | An exit @17.64. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.02 points, which is 10.27%. | When investing 9.73% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
MP MATERIALS CORP
NYSE:MP (11/22/2024, 8:04:01 PM)
After market: 19.64 0 (0%)19.64
+0.91 (+4.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.86%
1 Week7.44%
2 Weeks0.72%
1 Month5.36%
3 Month51.66%
6 Month14.59%
12 Month21.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.95
ATR(20)%4.36%
ATR Inc
Range Today1.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High20.58
10 Day Low17.65
20 Day High20.58
20 Day Low17.65
52 Week High20.85
52 Week Low10.02
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.34M
Volume Incr-26.8%
Vol(5)1.74M
Vol(50)3.19M