MPLX LP (MPLX)

US55336V1008

41.95  +0.07 (+0.17%)

After market: 42.1883 +0.24 (+0.57%)

Technical Rating and Analysis

10

Taking everything into account, MPLX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MPLX 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 MPLX is one of the better performing stocks in the market, outperforming 79% of all stocks. We also observe that the gains produced by MPLX over the past year are nicely spread over this period.
MPLX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MPLX is performing more or less in line with the market.
In the last month MPLX has a been trading in the 39.56 - 42.89 range, which is quite wide. It is currently trading near the high of this range.
MPLX has an average volume of 2236650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MPLX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, MPLX did better than 55% of them.
Weekly and Daily overview Charts
MPLX Weekly chart
MPLX Daily chart
Setup Rating and Analysis

6

MPLX has an excellent technical rating, but 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.

Support and Resistance Analysis

34.20

42.78

5 important support areas can be observed.

  • A support zone ranging from 39.64 to 41.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 36.88 to 37.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @36.15 from a trend line in the weekly time frame.
  • Support @35.53 from a horizontal line in the daily time frame.
  • Support @34.55 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 42.14 to 42.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.03
Mansfield0.4
10 Day High42.06
10 Day Low39.56
20 Day High42.89
20 Day Low39.56
52 Week High42.89
52 Week Low33.12
Performance
1 Week3.12%
2 Weeks3.22%
1 Month0.94%
3 Month10.69%
6 Month17.54%
12 Month19.89%
2 Year29.64%
3 Year55.43%
5 Year30.04%
10 Year-22.5%
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)0.07
RSI(14)63.04
LBB39.44
UBB42.5
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
42.3739.552.82 (6.66%)15.02%
An entry @42.37. This is a Buy Stop order right above the resistance zone.An exit @39.55. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 2.82 points, which is 6.66%.When investing 15.02% 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.
MPLX Daily chart

MPLX LP

NYSE:MPLX (4/26/2024, 7:04:42 PM)

After market: 42.1883 +0.24 (+0.57%)

41.95

+0.07 (+0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.17%
1 Week3.12%
2 Weeks3.22%
1 Month0.94%
3 Month10.69%
6 Month17.54%
12 Month19.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%1.4%
ATR Inc
Range Today0.31
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 High42.06
10 Day Low39.56
20 Day High42.89
20 Day Low39.56
52 Week High42.89
52 Week Low33.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.75M
Volume Incr-3.71%
Vol(5)2.12M
Vol(50)2.24M