MENU

MPLX Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom MPLX on January 02, 2025, netting in a 6.65% gain over 3 weeks

A.I.dvisor
at Tickeron.com
Loading...
+6.65% Gain from a Successful pattern Head-and-Shoulders Bottom
MPLX - Mplx LP
Tickeron
Ticker: MPLX
Company: Mplx
Gain: +6.65%
Confirmed: 01/02/25
Succeeded: 01/16/25
Total length: 21 days
On December 26, 2024, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for Mplx LP (MPLX, $47.64). On January 02, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $51.18. 14 days later, on January 16, 2025, MPLX reached the target price resulting in a for traders who took a long position in the stock.

MPLX in upward trend: price rose above 50-day moving average on December 20, 2024

MPLX moved above its 50-day moving average on December 20, 2024 date and that indicates a change from a downward trend to an upward trend. In of 37 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on December 31, 2024. You may want to consider a long position or call options on MPLX as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MPLX just turned positive on January 08, 2025. Looking at past instances where MPLX's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MPLX advanced for three days, in of 352 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where MPLX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MPLX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MPLX entered a downward trend on December 31, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 56, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.046) is normal, around the industry mean (47.044). P/E Ratio (10.874) is within average values for comparable stocks, (16.347). MPLX's Projected Growth (PEG Ratio) (12.756) is very high in comparison to the industry average of (2.837). Dividend Yield (0.079) settles around the average of (0.066) among similar stocks. P/S Ratio (3.968) is also within normal values, averaging (2.994).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MPLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

View a ticker or compare two or three
MPLX
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a developer of pipelines and other midstream assets

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Oil And Gas Pipelines
Address
200 East Hardin Street
Phone
+1 419 421-2414
Employees
5810
Web
https://www.mplx.com