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MP

weekly
Daily Weekly Monthly
CHOPPY RANGE
Support
$55.0
Resistance
$66.5
MP MP Materials Corp. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — choppy range as of May 22, 2026
MP Weekly chart 2026-05-22 20:38:29 UTC
AI-generated analysis — not financial advice. For educational purposes only.

MP Weekly Technical Analysis Summary

As of May 22, 2026, MP (MP Materials Corp.) is in a choppy range state on the weekly chart, with a confidence level of 63%. Key support is at $55.0 and key resistance at $66.5. Weekly reclaimed and is holding above the $60 area (SMA50/EMA20 zone) after a pullback from the $80s; momentum neutral-to-positive (RSI mid-50s).

Price Scenarios & Targets

bullish

Range resolves upward: holds $55–$60 support, breaks above $66.50 and pushes into the next supply zone; likely a Wave (4) consolidation that leads to a Wave (5) attempt up (post strong impulsive advance from the 2024/25 base).

Price Target
$82.0
Path to target
First move
$72.0
Pullback
$60.0
Final target
$82.0

bearish

Range fails: rejection near $66 and a breakdown under EMA50 leads to a deeper retrace toward the rising longer MAs (EMA100/cyan) and prior breakout area; would fit an ABC correction from the $80s peak with C extending.

Price Target
$46.0
Path to target
First move
$50.0
Pullback
$55.0
Final target
$46.0

Key Triggers

Confirmation & Invalidation

✓ Confirmation

2+ weekly closes above $66.50 (clean breakout from the $60–$66 shelf) would confirm a breakout attempt

✗ Invalidation

Weekly close below $54.50 (loss of EMA50 $54.97 with follow-through) would invalidate the range/bullish-bias thesis

Position Entry & Exit Levels

⊕ Add

Start $57.0 – $60.5
Add $52.0 – $55.0
Heavy $45.5 – $48.5

Start near the $60 reclaim (SMA50/EMA20); add on EMA50 loss into prior support; heavy add near EMA100 ($45.78) confluence with the larger uptrend structure still intact above major MAs.

⊖ Derisk

Trim 1 $72.0 – $82.0
Trim 2 $88.0 – $96.0
Close $105 – $120

Trim into prior swing-supply ($72–$82) and extension zones; larger trims near/above prior peak (~$90+) where Fibonacci extensions would likely cluster; close if price reaches multi-year extension far above rising long MAs.

Frequently Asked Questions

What is the weekly technical outlook for MP today?

As of May 22, 2026, MP (MP Materials Corp.) is in a choppy range state on the weekly chart with 63% confidence. Weekly reclaimed and is holding above the $60 area (SMA50/EMA20 zone) after a pullback from the $80s; momentum neutral-to-positive (RSI mid-50s).

What are the weekly support and resistance levels for MP?

On the weekly timeframe, MP has key support at $55.0 and key resistance at $66.5. The most likely scenario (bullish) targets $72.0 and $82.0, with a revert level at $60.0.

Is MP in an uptrend or downtrend?

MP (MP Materials Corp.) is currently classified as choppy range on the weekly chart, with 63% confidence. Confirmation requires: 2+ weekly closes above $66.50 (clean breakout from the $60–$66 shelf) would confirm a breakout attempt This would be invalidated by: Weekly close below $54.50 (loss of EMA50 $54.97 with follow-through) would invalidate the range/bullish-bias thesis

What are the price targets for MP?

The most likely scenario (bullish) targets $72.0 and $82.0, with a revert level at $60.0. The alternative scenario (bearish) targets $50.0 and $46.0.

Other Timeframes for MP
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