Technical Analysis for MP - MP Materials Corp.

Grade Last Price % Change Price Change
F 19.28 3.43% 0.64
MP closed up 3.43 percent on Thursday, September 28, 2023, on 80 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 3.43%
New 52 Week Low Weakness 3.43%
Below Lower BB Weakness 3.43%
Down 3 Days in a Row Weakness 3.43%
Lower Bollinger Band Touch Weakness 3.43%
Oversold Stochastic Weakness 3.43%
New 52 Week Closing Low Bearish 0.31%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 1 ATR about 8 hours ago
Possible Inside Day about 10 hours ago
60 Minute Opening Range Breakout about 12 hours ago
Up 3% about 12 hours ago
Up 2% about 14 hours ago

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Profile

MP Materials Corp. Description

MP Materials Corp. is the largest producer of rare earth materials in the Western Hemisphere. With over 270 employees, the Company owns and operates Mountain Pass, an iconic American industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere and currently produces approximately 15% of global rare earth content. Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies. MP Materials’ integrated operations at Mountain Pass uniquely combine low production costs with best-in-class environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.


Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Electric Vehicle Sustainability Electromagnetism Robotics Turbines Wind Turbine Wind Energy Defense Systems E Mobility Rare Earth Hemisphere Rare Earth Element Strategic Metals

Is MP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 36.6699
52 Week Low 18.3912
Average Volume 2,546,443
200-Day Moving Average 25.30
50-Day Moving Average 21.63
20-Day Moving Average 20.81
10-Day Moving Average 20.03
Average True Range 0.80
RSI (14) 37.11
ADX 21.06
+DI 14.65
-DI 33.93
Chandelier Exit (Long, 3 ATRs) 20.42
Chandelier Exit (Short, 3 ATRs) 20.78
Upper Bollinger Bands 23.02
Lower Bollinger Band 18.60
Percent B (%b) 0.15
BandWidth 21.23
MACD Line -0.66
MACD Signal Line -0.46
MACD Histogram -0.1954
Fundamentals Value
Market Cap 3.01 Billion
Num Shares 156 Million
EPS -99999.99
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 0.00
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.53
Resistance 3 (R3) 20.45 19.95 20.32
Resistance 2 (R2) 19.95 19.64 19.99 20.25
Resistance 1 (R1) 19.62 19.44 19.79 19.70 20.18
Pivot Point 19.12 19.12 19.21 19.16 19.12
Support 1 (S1) 18.79 18.81 18.96 18.87 18.38
Support 2 (S2) 18.29 18.61 18.33 18.31
Support 3 (S3) 17.96 18.29 18.24
Support 4 (S4) 18.04