Trading Signals: MP Stock Price Prediction and Forecast

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Fri. Dec. 22, 2023

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

(MP Materials Corp)
MP latest price $20.1350 (0.98%) ($19.7900 - $20.8150) on Fri. Dec. 22, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.75% (three month average)
RSI   65
Latest Price   $20.1350(0.98%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MP advances 2.2% a day on average for past five trading days.
Weekly Trend   MP advances 7.7% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MP advance at 0% a week (0% probability)
IWN(96%)    JETS(93%)    IWM(91%)    DRIV(88%)    VWO(88%)
Factors Impacting MP price   MP will decline at least -1.875% in a week (0% probabilities).
VIXM(-40%)    TBT(-39%)    VXX(-37%)    UUP(-16%)    QQQ(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.875% (StdDev 3.75%)
Hourly BBV 0 ()
Intraday Trend -1.1%

5 Day Moving Average   $18.91(6.48%)
10 Day Moving Average   $18.07(11.43%)
20 Day Moving Average   $17.2(17.06%)
To recent high   0%
To recent low   34.8%
Market Cap   $3.262b

$. MP price fluctuates within 7.67% (three month std-dev: 3.75%) daily (68% of days).

Sample size 50 Average positive next day return: 3.51%(44%) Average negative next day return: -2.87%(56%) Sample size 50 Average positive next three day return: 6.63%(52%) Average negative next three day return: -8.42%(48%) Sample size 50 Average positive next weekly return: 10.31%(48%) Average negative next weekly return: -8.56%(52%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Dec_22_2023	18.55	17.2	18.07	18.91	19.08	19.79	20.14(0.98%)	UT	OpenLong	75	0.9	55	290	28	134	2.82	56%	-0.11	59.7	3.75%	0	2.2	65	1.4
2	Dec_21_2023	18.57	16.99	17.72	18.51	18.56	18.87	19.94(9.8%)	UT	OpenLong	75	1.2	40	130	17	110	7.42	56%	-0.11	60.6	3.75%	1.7	2.6	65	0.6
3	Dec_20_2023	18.59	16.78	17.34	18.22	18.32	18.36	18.16(-1.14%)	UD	OpenLong	75	-0.1	35	30	11	106	3.72	52%	-0.27	63.6	3.54%	-0	1.5	65	0.3
4	Dec_19_2023	18.64	16.66	17.15	17.95	18.22	18.25	18.37(2.45%)	UT	OpenLong	75	0.5	41	60	22	98	1.86	51%	-0.27	55.9	3.54%	0.8	1.9	64	0.7
5	Dec_18_2023	18.69	16.54	16.89	17.39	17.68	18.28	17.93(-1.1%)	UD	OpenLong	75	0.7	28	290	16	64	2.42	48%	-0.32	50.2	3.54%	-1.8	1.7	63	0.8

6	Dec_15_2023	18.75	16.45	16.78	17.08	17.12	18.2	18.13(-2%)	UD	OpenLong	75	1.4	37	450	29	62	5.53	48%	-0.27	50.9	3.66%	0.5	2.3	66	0.8
7	Dec_14_2023	18.8	16.32	16.64	16.8	16.62	17.08	18.5(10.12%)	UT	OpenLong	75	2.7	37	160	31	55	5.27	50%	-0.32	49.7	3.66%	1.4	3.4	64	1.6
8	Dec_13_2023	18.86	16.2	16.36	16.37	16.28	16.04	16.8(7.69%)	UT	OpenLong	75	1	7	-120	2	20	3.38	46%	-0.37	57.3	3.46%	1.8	1.5	57	1.4
9	Dec_12_2023	18.93	16.17	16.29	16.25	16.32	16.16	15.6(-4.59%)	N/A	N/A	0	-1.7	-3	-60	-8	14	2.82	43%	-0.42	51.9	3.32%	-1.3	-1.5	52	1.6
10	Dec_11_2023	19.01	16.14	16.34	16.3	16.41	16.51	16.35(-2.33%)	UT	HoldLong	50	0.1	1	60	-4	16	2.14	45%	-0.42	40.5	3.28%	-0.4	0.5	51	1.4

11	Dec_8_2023	19.09	16.08	16.28	16.43	16.39	16.47	16.74(2.45%)	UT	OpenLong	75	0.6	6	30	1	22	2.46	45%	-0.37	30	3.27%	0.8	1.3	56	1.2
12	Dec_7_2023	19.16	16.01	16.22	16.46	16.43	16.32	16.34(0.62%)	UT	OpenLong	75	-0.2	11	-50	4	30	1.92	45%	-0.42	18.8	3.26%	-0.2	0.6	58	1
13	Dec_6_2023	19.24	16.01	16.19	16.36	16.45	16.3	16.24(2.53%)	UD	OpenLong	65	-0.2	3	-50	-2	18	3.06	45%	-0.47	13.2	3.26%	-0.4	0.5	49	1.2
14	Dec_5_2023	19.33	15.97	16.14	16.33	16.37	16.55	15.84(-6.63%)	UD	OpenLong	65	-0.9	2	80	-2	12	3.13	45%	-0.46	10.7	3.24%	-1.9	-0.3	49	1.3
15	Dec_4_2023	19.42	15.96	16.18	16.37	16.36	16.6	16.97(0.38%)	UT	OpenLong	75	1.2	24	100	19	38	2.43	47%	-0.41	4.3	3.15%	0.9	1.9	68	1.4

16	Dec_1_2023	19.5	15.93	16.09	16.12	16.1	16.19	16.9(6.49%)	UT	OpenLong	75	1.6	15	40	9	31	3.8	48%	-0.46	-10.6	3.17%	1.6	2	68	1.3
17	Nov_30_2023	19.59	15.91	15.97	15.96	15.95	16.12	15.87(-1.31%)	UD	OpenLong	75	-0.2	7	70	1	23	2.37	47%	-0.46	-22.5	3.08%	-0.8	-0.1	57	1.4
18	Nov_29_2023	19.68	15.9	16.02	15.99	15.97	16	16.08(0.37%)	UT	OpenLong	75	0.2	15	10	7	37	2.34	49%	-0.51	-34.6	3.09%	0.6	0.4	55	1.3
19	Nov_28_2023	19.78	15.92	16.03	15.92	15.89	15.79	16.02(1.97%)	UT	HoldLong	50	0.2	3	-50	-5	25	1.93	49%	-0.45	-46.4	3.14%	0.4	0.2	48	1.5
20	Nov_27_2023	19.87	15.94	15.93	15.97	15.91	15.93	15.71(-2.48%)	UD	OpenLong	65	-0.5	1	-0	-6	22	2	49%	-0.45	-43	3.13%	-1	-0.5	52	1.3

21	Nov_24_2023	19.96	15.98	15.87	16.06	16.03	15.99	16.11(0.44%)	UT	OpenLong	75	0.1	8	-20	5	17	0.83	47%	-0.65	-43.9	3.12%	0	0.3	48	1.4
22	Nov_22_2023	20.09	16.01	15.78	15.97	16.01	15.89	16.04(2.1%)	DP	OpenShort	-75	0.1	-8	-40	-7	-9	1.96	47%	-0.2	-47.7	3.12%	0.2	0.1	45	1.2
23	Nov_21_2023	20.13	16.07	15.75	16.06	16.04	16.07	15.71(-3.44%)	DT	OpenShort	-75	-0.5	-6	10	-6	-5	2.19	47%	-0.4	-47.3	3.11%	-1.3	-0.6	51	1.3
24	Nov_20_2023	20.21	16.14	15.8	16.15	16.17	16.13	16.27(0.56%)	UT	OpenLong	75	0.2	13	-10	14	9	1.64	49%	-0.35	-54.1	3.08%	0.7	0.2	49	1.4
25	Nov_17_2023	20.28	16.16	15.73	15.88	16.09	16.02	16.18(3.25%)	N/A	N/A	0	0.4	2	10	10	-22	2.05	47%		-71.7	3.1%	0.4	0	48	1.5
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