Stock Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
MPLX LP (NYSE:MPLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MPLX
The long term trend has been UP since Dec 1st, 2017 at 36.27
The intermediate term trend has been UP since Oct 30th, 2017 at 35.59
The short term trend has been DOWN since Dec 15th, 2017 at 36.75
Smart Scan Analysis for MPLX
Based on a pre-defined weighted trend formula for chart analysis, MPLX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||39.43||Year High Date||2017-02-16|
|Year Low||30.88||Year Low Date||2017-06-23|
|52wk High||39.43||52wk High Date||2017-02-16|
|52wk Low||30.88||52wk Low Date||2017-06-23|
|Year End Close||31.19||Average Volume||1,808,540|
|Shares Outstanding||73,903||Short Interest||311,694|