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Another Historic Bull Signal Flashing for Rare Earths Stock

ByYahoo Finance
1 day ago
Source:Yahoo Finance
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MP Materials stock is nearing a key trendline

Shares of MP Materials Corp (NYSE:MP) are 2.9% higher at $62.05 this afternoon, continuing its choppy trading in a channel between $54 and $64 since pulling back from its January highs. Up 22% so far in 2026, MP has leveled out since its October record peak of $100.25, but another bull signal is flashing, providing opportunity for more gains. Per Schaeffer's Senior Quantitative Analyst Rocky White, the rare earths stock is now within 0.75 of the 200-day moving average's 20-day average true range (ATR), after remaining above it 80% of the time in the last two weeks and in 80% of the last 42 trading sessions.

This signal has occurred six other times over the past 10 years, after which the security was higher one month later 80% of the time, with an average 17.3% surge. mpmaterialsmar10 A  short squeeze could also help, as 24.79 million shares are sold short, accounting for 17.5% of the stock's total available float. Options are looking affordable, too. This is per MP Materials stock’s Schaeffer’s Volatility Index (SVI) of 76%, which ranks in the 33rd annual percentile.

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