Mp Materials is up a bit on the day, funds flowing in kept the price up 1.17% since yesterday.
It looks like Mp Materials isn't currently at a very decisive point in regards to support/resistance levels. Mp Materials has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. MP might find some support at the 19 level, buyers might push the price back up from here. But it's not very clear what will happen.
Overall, the analysts have a more negative view on MP Materials but it's not a very strong negative. The current Analysts Sentiment Score is -12.79. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. JPMorgan Chase & Co. released a downgrade on 2024-04-23 from Overweight to Neutral and dropped their 1 year price target to $16.00 which is down from $20.00. Deutsche Bank Aktiengesel announced a lowering of their price target to $15.00 from $17.00 on 2024-04-11. On 2024-03-19 Jefferies Financial Group lowered their price target by -22.22% to $28.00. On 2024-03-13 Morgan Stanley downgraded MP Materials from Overweight to Equal Weight and decided to decrease their price target by -40.38% down to $15.50. On 2024-03-13 Canaccord Genuity Group lowered their price target by -4.35% to $22.00. On 2023-11-14 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $30.00. Northland Securities upgraded from Market Perform to Outperform on 2023-09-06. DA Davidson provided a price target decease of -7.14% to $39.00 from $42.00 on 2023-07-11.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| MP | -12.79 | 2.29 | -15.47 | 1.59 | -14 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| MP | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| MP | 8.51 | %10.7 | 5.8 | 4.422 | 15340000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| MP |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
