Mplx Lp Stock Forecast

Sell candidate since May 05, 2025 Gain 2.90%

The MPLX LP stock price gained 0.89% on the last trading day (Friday, 16th May 2025), rising from $51.64 to $52.10. It has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 1.51% from a day low at $51.60 to a day high of $52.38. The price has been going up and down for this period, and there has been a 0.44% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 109 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $68.30 million.

The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $51.55, a level that may pose a second chance to hit a runner. According to fan-theory $58.24 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

MPLX Signals & Forecast

The MPLX LP stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $50.36 and $50.59. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, April 25, 2025, and so far it has fallen -0.88%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for MPLX LP stock

On the downside, the stock finds support just below today's level from accumulated volume at $48.48 and $48.27. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MPLX LP finds support just below today's level at $48.48. If this is broken, then the next support from accumulated volume will be at $48.27 and $47.22.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.780 (1.51%) between high and low. For the last week, the stock has had daily average volatility of 2.42%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MPLX) For The Upcoming Trading Day Of Monday 19th

For the upcoming trading day on Monday, 19th we expect MPLX LP to open at $52.03, and during the day (based on 14 day Average True Range), to move between $50.73 and $53.47, which gives a possible trading interval of +/-$1.37 (+/-2.63%) up or down from last closing price. If MPLX LP takes out the full calculated possible swing range there will be an estimated 5.25% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $52.86 (1.46%) than the support at $48.48 (6.95%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is MPLX LP stock A Buy?

MPLX LP holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.369 Sell Candidate Unchanged

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Predicted Fair Opening Price

Predicted fair opening price on May 19, 2025 - $52.03 ( 0.141%).