MP Technical Analysis & Charts
Trend, momentum, and support and resistance levels · daily prices to Nov 6, 2026
Key Takeaways
▼ Negative · short, medium and long term all downOverbought? No — RSI 34- MP rose 11.0% in 1 trading day from its Nov 5 low.
- It is below its 50-day and 200-day average prices, and the 50-day is below the 200-day: the long trend is down.
- Nearest support $31.90 (9.9% below) · nearest resistance $42.54 (20.1% above).
- The rise came on normal trading. The last 20 days averaged 6.1M shares a day, 2.9% above the 60 days before.
MP Moving Averages: 50-Day and 200-Day
Last 12 months · $ per sharePrice is below its 50-day average, and the 50-day is below the 200-day.
Price (Nov 6)
$35.41
+11.0% from the Nov 5 low
50-day average
$45.65
price 22.4% below
200-day average
$54.43
price 34.9% below
50-day vs 200-day
−16.1%
50-day below since Jul 2
Since July it rose above the 200-day only three times, but the 50-day is still 16.1% below it: the long trend has not turned up.
MP RSI and MACD
Momentum · Nov 6, 2026Both readings show selling pressure is stronger than buying right now.
MP RSI (14-Day)
0–100 scale · last 3 monthsMomentum is weak but not yet oversold (below 30).
34.2 ◆ Caution · weak momentum
0 · oversold below 30grey mark = 27.7 on Nov 5overbought above 70 · 100
Last 3 months · dashed lines at 70 and 30
RSI has stayed between 27.7 and 67.0 over the last 3 months. The miss came in July 2026.
MP MACD (12, 26, 9)
Histogram, $ per share · last 3 monthsBelow zero: the fast average has dropped under the slow one.
−0.182 ▼ Negative
−2.6 (1-year low −2.51)0+2.6 (1-year high +1.97)
Last 3 months · dashed line = zero · green = momentum improving, red = fading
Crossed zero 3 times since Aug 31: in a range-bound market, one cross is a weak signal.
MP Support and Resistance Levels
vs Nov 6, 2026 close · $ per shareClosed 10.7% under the 20-day average, 11.0% above the 52-week low of $31.90.
Support = a price where past declines stopped · resistance = where past rallies stalled
The nearest support is the 52-week low of $31.90 (9.9% below) and the nearest resistance the Oct 29 high of $42.54 (20.1% above); the swing lows have been falling for three months.
MP 52-Week Range
52 weeks · $ per share$31.90 (Nov 5, 2026)52-week high
$76.80 (May 8, 2026)
MP trades in the lower part of its 1-year range. The low is only 1 day old, so this is a rebound from a recent low. Returns → Performance
MP Volume vs Average
Shares traded per dayLast day (Nov 6)
8.7M shares
42% above normal (vs 20-day average)
20-day average
6.1M shares
8% below normal (vs 12 months)
12-month average
6.7M shares
Shares a day
Average shares traded per day, by month (last 12 months)
Buying vs selling days (last 60 days)
Down days were busier → sellers more active
Trading is quieter than usual: the last 20 days averaged 8% fewer shares than the past year.
MP Technical Analysis: Trend Check
7 checks · Nov 6, 2026 close6 of 7 checks point down, 0 up; short, medium and long term all negative.
SHORT TERM (DAYS)
Negative
MEDIUM TERM (WEEKS)
Negative · below 50-day
LONG TERM (MONTHS)
Negative · 50-day under 200-day
| Check | Reading | Points |
|---|---|---|
| Price above its 50-day average? | No: 22.4% below ($45.65) | ▼ Down |
| Price above its 200-day average? | No: 34.9% below ($54.43) | ▼ Down |
| 50-day above the 200-day? | No: −16.1%, since Jul 2 | ▼ Down |
| Are the 3-month lows rising? | No, falling: $52.35 → $47.26 → $44.49 → $37.11 | ▼ Down |
| Momentum (RSI and MACD)? | RSI 34 weak · MACD −0.182 negative | ▼ Down |
| Trend strength (ADX)? | 35.2: a clear trend, sellers lead | ▼ Down |
| Bollinger Bands position? | Near the lower band (10% of the way up) | ◆ Neutral |
Short, medium and long-term signals are all negative. Technical signals reflect sentiment, not value. Forecast →
All Technical Indicator Values
Nov 6, 2026 close · daily dataPrice closed below its 20-day, 50-day and 200-day averages.
| Indicator | Value | Context PRO |
|---|---|---|
| Close (Nov 6, 2026) | $35.41 | Change +$1.67 (+4.95%) · 1 month −23.26% |
| 20-day average | $39.19 | Price −9.6% |
| 50-day average | $45.65 | Price −22.4% · falling (was $51.50 a month ago) |
| 200-day average | $54.43 | Price −34.9% · falling (was $56.60 a month ago) |
| 50-day vs 200-day | −16.1% | 50-day below 200-day since Jul 2, 2026 (above Jun 17 – Jul 1) |
| RSI (14) | 34.2 | 27.7 on Nov 5 · 1-year low 26.4 on Jul 29, 2026 |
| MACD line / signal / histogram | −2.72 / −2.54 / −0.18 | Below signal since Nov 5, below zero since Sep 14 |
| Bollinger upper / middle / lower | $43.86 / $39.19 / $34.51 | Width 23.9% of the middle · position 10% |
| ADX (14) | 35.2 | +DI 12.0 · −DI 34.6 (sellers ahead) |
| ATR (14) | $2.50 | 7.1% of price: a typical daily high-to-low range |
| Volume, Nov 6 | 8.7M | 42% above the 20-day average of 6.1M |
| Volume, Oct 2026 month average | 5.3M | 21% below the 12-month daily average |
| 30-day high / low | $48.67 / $31.90 | Price 27.2% below the high · 11.0% above the low |
| 52-week high / low | $76.80 / $31.90 | 53.9% below the high · 11.0% above the low |
| Days above 200-day, last year | 117 of 252 | 46% of trading days |
Volatility, beta and the biggest falls live on the Risks tab. Risk numbers → Risks
MP Indicator Charts: Bollinger Bands, Volume, RSI, MACD
PROdailyPrice sits near the lower Bollinger Band, the bottom of its normal swing zone.
Technical Analysis
Advanced technical indicators for MP • 3M • 64 data points
Bollinger Bands
Price volatility analysis with 20-period moving average and ±2σ bands
- Bollinger Bands: Price $35.41 is near the lower band ($34.51); middle $39.19, upper $43.86.
- Volume: Nov 6: 8.7M shares, 42% above the 20-day average. The biggest day in 3 months was Nov 5 (15.8M, −6.0%).
- RSI: RSI 34.2. It was 27.7 at the Nov 5 low; the 1-year low was 26.4 on Jul 29, 2026.
- MACD: MACD line −2.72, signal −2.54, histogram −0.18. Crossed below the signal on Nov 5 and below zero on Sep 14.
MP Bollinger Bands and ADX Details
PROBands $ per share · ADX 0–40 · last 64 trading daysPrice is near the lower band; −DI above +DI shows sellers ahead.
Bollinger Bands (20, 2)
20-day average ± 2 standard deviations: the normal swing zone
Price is 10% of the way up the bands; the bands are 23.9% wide. Touching a band is common and is not a signal on its own.
ADX trend strength, last 64 trading days
ADX = how strong a trend is (not its direction): under 20 weak, 25+ clear
ADX reading: 35.2 means a clear trend; sellers lead.
MP Market Structure: Swing High and Low Points
PROLast 64 trading days · $ per share · swing = high/low within 5 days either sideLatest swing high $42.54 (Oct 29, 2026); price is 16.8% below it.
HH and HL = uptrend structure; LH and LL = downtrend structure.
| Date | Type | Price | vs previous of same type |
|---|---|---|---|
| Aug 14, 2026 | Swing high | $61.11 | first in window |
| Aug 20, 2026 | Swing low | $52.42 | first in window |
| Aug 26, 2026 | Swing high | $62.47 | HH · higher (+2.2%) |
| Sep 1, 2026 | Swing low | $52.35 | LL · lower (−0.1%) |
| Sep 18, 2026 | Swing low | $47.26 | LL · lower (−9.7%) |
| Sep 22, 2026 | Swing high | $51.34 | LH · lower (−17.8%) |
| Oct 1, 2026 | Swing low | $44.49 | LL · lower (−5.9%) |
| Oct 23, 2026 | Swing low | $37.11 | LL · lower (−16.6%) |
| Oct 29, 2026 | Swing high | $42.54 | LH · lower (−17.1%) |
| Nov 5, 2026 (not yet confirmed) | Swing low | $31.90 | LL · lower (−14.0%) |
Since September the swings have turned down: two lower highs (LH, $51.34 on Sep 22 and $42.54 on Oct 29) and four lower lows (LL, $52.35 on Sep 1, $47.26 on Sep 18, $44.49 on Oct 1 and $37.11 on Oct 23). The Nov 5 low ($31.90) is not confirmed yet; it would need 4 more days without a lower low.
Method Notes
PRO- Moving averages: simple averages of daily closes over 20, 50 and 200 trading days (stored by TickZen’s daily data job).
- RSI (14): Wilder’s relative strength index on daily closes; 30 and 70 are the usual oversold and overbought lines. The “dip below 35” count uses daily RSI since Nov 7, 2024 and the close 21 trading days later.
- MACD (12, 26, 9): 12-day minus 26-day exponential average of closes; signal = 9-day exponential average of MACD; histogram = MACD − signal. Line −2.72, signal −2.54, histogram −0.18.
- Bollinger Bands (20, 2): position 10% = (price − lower) ÷ (upper − lower).
- ADX (14), +DI and −DI: Wilder’s directional movement on daily highs, lows and closes. ADX is stored by the data job; +DI and −DI are worked out from the same prices.
- Support and resistance: the 52-week and 3-month highs and lows, the latest swing points (highest high or lowest low within 5 days either side; lows within 1% form one zone) and the 20-, 50- and 200-day averages. No probabilities are implied.
- Volume: monthly bars are the average of daily volume in each calendar month (November to the 6th). Up and down days compare each close with the one before, over the last 60 trading days.
Explore More Analysis for MP
Data as of Nov 6, 2026 close · Sources: daily prices and volume (Yahoo Finance), indicators computed by TickZen · Methodology
Latest TickZen Insights
AbbVie (ABBV) Q3 2026 Earnings Preview: Will Skyrizi and Rinvoq be able to justify the 20x?By Vishal Jadaun ·
Alphabet (GOOG) Q3 2026 Earnings Preview: Will Cloud Overtake Capex?By Vishal Jadaun ·
HSBC Q3 2026 Earnings Preview: Is the $46bn NII Guide Too Low?By Vishal Jadaun ·