NYSE:MP • US5533681012
Overall MP gets a technical rating of 2 out of 10. Although MP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MP has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
27.75
3 important support areas can be observed.
We can see 3 important resistance areas.
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 | DOWN | NEGATIVE | The long term trend for MP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MP is down. |
| ChartMill Relative Strength | 93.7 | POSITIVE | MP has a high relative strength, it outperformed 93.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.44 | NEUTRAL | The RSI value for MP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.69 | NEGATIVE | The MACD value suggests MP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.07 | NEUTRAL | The Stochastics value for MP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.28 | HIGH VOLATILITY | The high ATR as a percentage value for MP suggests high volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for MP suggests a possible start of a new trend. |
55.7
+0.36 (+0.65%)
ChartMill assigns a technical rating of 2 / 10 to MP.
The current trend direction for MP MATERIALS CORP (MP) is Bearish.
MP MATERIALS CORP (MP) has an RSI value of 42.4438. This indicates that the stock is currently neutral.
The MACD indicator for MP MATERIALS CORP (MP) has a value of -0.686523, indicating a bearish trend.
The buy/sell signal for MP MATERIALS CORP (MP) is sell as both the short term and long term trends are negative.