MPLX Technical Signal Analysis
MPLX have 3 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-03-07. The total price change during this trend is -0.61%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of MPLX over last 5 trading day is $93,874,428.74
3 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
0.14
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.13
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
18.49
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-0.27
Bearish
Moving Average
Price crosses below 5-day SMA
--
Bearish
Moving Average
Price crosses below 10-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Momentum (10 days)
MOM_10 > 0
0.14
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.13
Bullish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 < 20
18.49
Bullish
MPLX Support and Resistance Level
The support levels for MPLX are at 51.8, 51.01, and 49.74, while the resistance levels are at 54.34, 55.13, and 56.4. With the current stock price at 52.38, it is leaning more toward the support levels.
MPLX Technical Analysis
Technical Analysis of MPLX Stock
Price Overview
As of the latest data, MPLX is trading at $52.11. The stock has shown a mixed trend recently, with a slight decline in pre-market trading but overall stability in its price action.
Key Technical Indicators
- RSI (14-period): 50.00 (Neutral)
- MACD: 0.32 (Bullish Crossover)
- Stochastic Oscillator: 33.06% (Bullish Crossover)
- Bollinger Bands: The stock is currently near the lower band, suggesting potential oversold conditions.
Support and Resistance Levels
- Fibonacci Support: $51.82
- Fibonacci Resistance: $54.37
Volume Analysis
The volume has been decreasing over the past few sessions, indicating a lack of strong selling pressure. This could signal a potential reversal or consolidation phase.
Moving Averages
- 20-Day SMA: $53.30
- 50-Day SMA: $52.84
Analyst Consensus
The average analyst price target for MPLX is $55.29, with a high estimate of $60.00 and a low of $52.00. This suggests moderate upside potential.
Conclusion
Based on the technical analysis, MPLX is currently trading near a support level with bullish crossovers in the Stochastic Oscillator and MACD. The stock is undervalued compared to its recent highs, and the analyst consensus supports a bullish outlook.
Recommendation: BUY MPLX at the current price of $52.11, with a target price of $55.29.
Disclaimer: This analysis is for informational purposes only and should not be considered as investment advice. Always consult a financial advisor before making investment decisions.
MPLX FAQs
Which bull technical signals does MPLX have?
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Is MPLX a buy based on overall technical signals summary?
MPLX Buy or Sell
MPLX has 3 buy signals and 3 sell signals now. Overall the technical rating for MPLX is Neutral.
Neutral
Sell
3
Buy
3
MPLX Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 52.38 below the SMA_5. In the short term, the stock shows a negative trend with the 52.61 below the SMA_20. In the mid term, the stock shows a positive trend with the 53.19 above the SMA_60. In the long term, the stock shows a positive trend with the 51.13 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about MPLX's current trend?What are MPLX's key support and resistance levels?