Trading Signals: MP Stock Price Prediction and Forecast

^ MP: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Aug. 3, 2023

Trading Signals: MP Stock Price Prediction and Forecast (Mon. Jun. 22, 2020 - Fri. Dec. 22, 2023)

(MP Materials Corp)
MP latest price $22.1200 (-0.18%) ($22.0500 - $22.5100) on Thu. Aug. 3, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.46% (three month average)
RSI   26
Latest Price   $22.1200(-0.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MP declines -1% a day on average for past five trading days.
Weekly Trend   MP declines -3.1% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MP advance at 0% a week (0% probability)
XRT(72%)    REMX(71%)    TAN(70%)    ICLN(69%)    IWM(69%)
Factors Impacting MP price   MP will decline at least -1.23% in a week (0% probabilities).
VXX(-27%)    TBT(-26%)    UUP(-23%)    VIXM(-21%)    IGOV(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.23% (StdDev 2.46%)
Hourly BBV -0.6 ()
Intraday Trend -0.2%

1 - 5 Day Possible Target   $15.64(-29.29%)
Resistance Level   $24.1
5 Day Moving Average   $23(-3.83%)
10 Day Moving Average   $23.34(-5.23%)
20 Day Moving Average   $24.1(-8.22%)
To recent high   -14.5%
To recent low   7.8%
Market Cap   $3.583b

$. MP price fluctuates within 4.02% (three month std-dev: 2.46%) daily (68% of days).

Sample size 37 Average positive next day return: 2.74%(49%) Average negative next day return: -1.97%(51%) Sample size 37 Average positive next three day return: 5.08%(54%) Average negative next three day return: -3.69%(46%) Sample size 37 Average positive next weekly return: 5.59%(57%) Average negative next weekly return: -5.4%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230903

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_3_2023	23.73	24.1	23.34	23	22.91	22.25	22.12(-0.18%)	DT	OpenShort	-75	-0.9	-39	-210	-23	-85	2.89	61%	-0.25	-19.9	2.46%	-0.6	-2	26	-0.7
2	Aug_2_2023	23.79	24.22	23.55	23.24	23.25	22.76	22.16(-3.99%)	DT	HoldShort	-65	-1.3	-50	-150	-35	-93	2.62	56%	-0.34	-5.6	2.46%	-1.2	-2.4	21	-0.7
3	Aug_1_2023	23.87	24.35	23.76	23.64	23.64	23.58	23.08(-3.23%)	DT	OpenShort	-75	-0.8	-26	-20	-10	-74	2.52	60%	-0.25	24.7	2.48%	-1.3	-1.7	29	1.2
4	Jul_31_2023	23.93	24.37	23.92	23.64	23.8	23.75	23.85(0.25%)	DP	OpenShort	-75	0.1	-18	-10	0	-70	2.03	64%	-0.25	41	2.46%	0.3	-0.7	36	1.5
5	Jul_28_2023	23.99	24.33	24.01	23.77	23.83	23.71	23.79(1.97%)	DP	OpenShort	-75	0	-21	-30	-3	-76	2.04	64%	-0.25	46.5	2.46%	-0.5	-0.7	36	1.3

6	Jul_27_2023	24.05	24.29	24.09	23.75	23.86	23.86	23.33(-3.4%)	DT	OpenShort	-75	-0.5	-27	10	-8	-84	1.92	64%	-0.37	48.3	2.45%	-3.2	-1.1	35	0.5
7	Jul_26_2023	24.14	24.27	24.34	23.91	23.88	23.95	24.15(1.68%)	DP	OpenShort	-65	0.3	-14	20	2	-60	1.91	68%	-0.33	54.1	2.41%	0.7	-0.1	50	1.9
8	Jul_25_2023	24.22	24.17	24.47	23.9	23.93	23.85	23.75(-0.29%)	DT	OpenShort	-75	-0.1	-19	-20	-7	-56	2.15	68%	-0.41	46.3	2.43%	0	-0.4	44	1.2
9	Jul_24_2023	24.32	24.07	24.62	24.09	24.02	23.81	23.82(0.46%)	DP	OpenShort	-75	-0.2	-18	-70	-14	-30	1.79	68%	-0.45	39.9	2.46%	-0.5	-0.2	60	1.6
10	Jul_21_2023	24.43	23.97	24.77	24.3	24.31	24	23.71(-1.78%)	CR	SmallShort	-20	-0.4	-9	-90	-13	2	3.04	61%	-0.33	34.7	2.46%	-1	-0.2	61	1.1

11	Jul_20_2023	24.51	23.89	24.91	24.48	24.5	24.24	24.14(0.25%)	N/A	N/A	0	-0.2	-10	-70	-22	27	1.96	57%	-0.53	34.4	2.55%	-0.6	0.2	65	1.4
12	Jul_19_2023	24.64	23.79	24.94	24.83	24.76	24.63	24.08(-2.51%)	UD	OpenLong	65	-0.5	4	-50	-16	64	2.16	53%	-0.44	40.9	2.61%	-1.6	0.2	67	1.5
13	Jul_18_2023	24.75	23.7	25.01	25.12	25.13	24.76	24.7(-0.64%)	UD	OpenLong	65	-0.3	21	-100	-8	107	1.87	49%	-0.48	47.4	2.65%	-1.1	0.7	77	1.9
14	Jul_17_2023	24.87	23.6	24.87	25.24	25.32	24.88	24.86(0.93%)	UD	OpenLong	65	-0.3	20	-110	-15	125	2.25	49%	-0.32	51.4	2.75%	-0.7	0.8	81	1.4
15	Jul_14_2023	24.95	23.52	24.7	25.32	25.44	25.5	24.63(-4.83%)	UD	OpenLong	65	-0.5	32	30	-7	150	3.59	49%	-0.32	57.4	2.74%	-1.6	0.8	80	1.2

16	Jul_13_2023	25.03	23.42	24.54	25.39	25.46	25.75	25.88(1.45%)	UT	HoldLong	65	0.3	60	90	19	182	3.27	56%	-0.2	59.9	2.68%	0.9	1.7	85	1
17	Jul_12_2023	25.08	23.21	24.2	25.08	25.18	25.38	25.51(0.79%)	UT	HoldLong	65	0.3	52	70	13	168	3.03	56%	-0.28	57.3	2.77%	0.8	1.7	84	1.1
18	Jul_11_2023	25.15	23.02	23.85	24.88	24.87	25.18	25.31(0.24%)	UT	HoldLong	65	0.3	52	90	16	161	3.41	56%	0.04	58.1	2.78%	0.6	1.8	76	-0.3
19	Jul_10_2023	25.14	22.85	23.47	24.45	24.85	24.98	25.25(0.96%)	UT	OpenLong	75	0.7	54	90	27	133	3.66	56%	-0.32	57.5	2.79%	0.7	2.1	68	-0.5
20	Jul_7_2023	25.22	22.7	23.08	23.98	24.35	24.57	25.01(2.92%)	UT	OpenLong	75	1	34	110	15	89	4.71	56%	-0.36	60.1	2.79%	1	2.3	60	-0.3

21	Jul_6_2023	25.31	22.58	22.76	23.55	23.9	24.71	24.3(-1.02%)	UD	OpenLong	75	0.9	36	280	26	64	6.37	54%	-0.43	67.2	2.79%	0.5	2	61	-0.6
22	Jul_5_2023	25.42	22.45	22.51	23.19	23.47	24.13	24.55(6%)	UT	OpenLong	75	1.8	46	230	43	54	9.19	54%	-0.63	65	2.79%	1.3	2.8	69	0.9
23	Jul_3_2023	25.58	22.32	22.25	22.67	22.75	23.1	23.16(1.22%)	UT	OpenLong	75	0.9	22	120	22	22	1.52	50%	-0.31	59.8	2.7%	0	1.5	62	1.2
24	Jun_30_2023	25.66	22.21	22.2	22.32	22.35	22.8	22.88(0.13%)	UT	OpenLong	75	1.1	18	140	21	7	1.89	50%	-0.35	33.9	2.69%	1	1.3	56	1
25	Jun_29_2023	25.75	22.11	22.23	22.04	22.01	22.39	22.85(1.47%)	N/A	N/A	0	1.4	14	120	19	-2	2.01	53%		7.6	2.69%	1.2	1.3	52	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.