MP MATERIALS CORP (MP) Stock Technical Analysis
NYSE:MP - US5533681012 - Common Stock
71.4 USD
+1.57 (+2.25%)
70.99 USD
-0.41 (-0.57%)
Taking everything into account, MP scores 10 out of 10 in our technical rating. 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 and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MP is one of the better performing stocks in the market, outperforming 99% of all stocks.
MP is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 155 stocks in the same industry.
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 16764400 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 59.20 - 82.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
43.18
72.14
2 important support areas can be observed.
- A support zone ranging from 67.88 to 67.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.62 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @71.43 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MP is up. |
| ChartMill Relative Strength | 99.4 | POSITIVE | MP has a high relative strength, it outperformed 99.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.73 | NEUTRAL | The RSI value for MP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests MP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.97 | NEUTRAL | The Stochastics value for MP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for MP suggests high volalility. |
| Average Directional Index/ADX (14) | 51.14 | POSITIVE | The high ADX value value for MP suggests a strong trend. |
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)
71.4
+1.57 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.25%
1 Week4.74%
2 Weeks-5.31%
1 Month17.34%
3 Month227.67%
6 Month197.38%
12 Month453.49%
2 Year240.97%
3 Year104.06%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.13
ATR(20)%6.79%
ATR Inc-4.23%
Range Today3.58
ADR(20)4.67
ADR(20)%6.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.4
Mansfield13.1
10 Day High78.16
10 Day Low64.82
20 Day High82.5
20 Day Low59.2
52 Week High82.5
52 Week Low12.39
CS1 End67.88
CR1 Start71.43
Volume & EV
DER(3)1.75%
DER(5)1.47%
Volume6.87M
Volume Incr-17.21%
Vol(5)10.65M
Vol(50)16.76M