MPLX LP (MPLX) Stock Technical Analysis
USA - NYSE:MPLX - US55336V1008
51.27 USD
-0.26 (-0.5%)
51.2 USD
-0.07 (-0.14%)
We assign a technical rating of 4 out of 10 to MPLX. In the past year, MPLX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
MPLX has an average volume of 1586680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, MPLX turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
MPLX is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, MPLX did better than 62% of them.
MPLX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MPLX is lagging the market slightly.
In the last month MPLX has a been trading in the 47.94 - 52.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MPLX has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
46.21
53.17
When analyzing the support we can see 3 important areas.
- A support zone ranging from 50.23 to 51.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.79 to 48.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @46.68 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 51.57 to 51.63. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 52.56 to 52.64. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MPLX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPLX is neutral. |
| ChartMill Relative Strength | 65.54 | NEUTRAL | MPLX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MPLX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.73 | NEUTRAL | The RSI value for MPLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests MPLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.61 | NEUTRAL | The Stochastics value for MPLX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for MPLX suggests low volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for MPLX suggests a weak or negative 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)
51.27
-0.26 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.5%
1 Week1%
2 Weeks1.63%
1 Month7.26%
3 Month1.71%
6 Month4.38%
12 Month11.51%
2 Year40.62%
3 Year50.84%
5 Year143.68%
10 Year19.4%
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%1.56%
ATR Inc28.72%
Range Today1.11
ADR(20)0.77
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.54
3 months CRS48.09
6 months CRS45.13
Mansfield-0.9
10 Day High52.07
10 Day Low50.22
20 Day High52.07
20 Day Low47.94
52 Week High54.87
52 Week Low44.6
CS1 End51.22
CR1 Start51.57
Volume & EV
DER(3)2.54%
DER(5)1.88%
Volume1.68M
Volume Incr59.87%
Vol(5)2.42M
Vol(50)1.59M
MPLX LP / MPLX FAQ
Can you provide the ChartMill technical rating for MPLX LP?
ChartMill assigns a technical rating of 4 / 10 to MPLX.
What is the trend direction for MPLX stock?
The current trend direction for MPLX LP (MPLX) is Bearish.
Can you provide the RSI signal for MPLX LP?
MPLX LP (MPLX) has an RSI value of 59.732. This indicates that the stock is currently neutral.
What is the MACD signal for MPLX LP (MPLX) stock?
The MACD indicator for MPLX LP (MPLX) has a value of 0.159395, indicating a bearish trend.