Overall MLPLC gets a technical rating of 8 out of 10. In the past year, MLPLC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MLPLC is one of the better performing stocks in the Building Products industry, it outperforms 88% of 18 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.
When comparing the yearly performance of all stocks, we notice that MLPLC is one of the better performing stocks in the market, outperforming 89% of all 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.