Technical Analysis for MP - MP Materials Corp.

Grade Last Price % Change Price Change
C 18.23 1.17% 0.21
MP closed up 1.17 percent on Wednesday, November 20, 2024, on 38 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 1.17%
NR7-2 Range Contraction 1.17%
Stochastic Reached Oversold Weakness 1.17%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Possible Inside Day about 18 hours ago
Up 1% about 19 hours ago
60 Minute Opening Range Breakout about 19 hours ago
Down 1% about 22 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 Energy Wind Turbine Defense Systems E Mobility Rare Earth 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 20.85
52 Week Low 10.02
Average Volume 3,215,085
200-Day Moving Average 15.39
50-Day Moving Average 17.52
20-Day Moving Average 18.84
10-Day Moving Average 19.03
Average True Range 0.80
RSI (14) 48.45
ADX 22.72
+DI 19.85
-DI 22.66
Chandelier Exit (Long, 3 ATRs) 18.18
Chandelier Exit (Short, 3 ATRs) 20.05
Upper Bollinger Bands 20.21
Lower Bollinger Band 17.48
Percent B (%b) 0.28
BandWidth 14.50
MACD Line 0.25
MACD Signal Line 0.50
MACD Histogram -0.2476
Fundamentals Value
Market Cap 3.24 Billion
Num Shares 178 Million
EPS 0.58
Price-to-Earnings (P/E) Ratio 31.43
Price-to-Sales 9.95
Price-to-Book 2.15
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.19
Resistance 3 (R3) 19.11 18.71 19.03
Resistance 2 (R2) 18.71 18.47 18.75 18.97
Resistance 1 (R1) 18.47 18.32 18.59 18.55 18.92
Pivot Point 18.08 18.08 18.14 18.11 18.08
Support 1 (S1) 17.83 17.83 17.96 17.91 17.54
Support 2 (S2) 17.44 17.68 17.48 17.49
Support 3 (S3) 17.20 17.44 17.43
Support 4 (S4) 17.27