MP Materials Corp.
Here’s whether MP Materials Corp. (MP) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Caution.
Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive). Concerns: 50-day MA is falling (-2.49% over 10 days); RSI 80 — overbought, elevated pullback risk; weak 1-year return of -12.1%; 3-month momentum negative (-6.8%). Currently 40.1% off its 52-week high. Score: -1/7.
MP is in a confirmed uptrend, trading above both its 50-day ($51.77) and 200-day ($57.73) moving averages. With an RSI of 80.3, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of -12.1% compares to +20.5% for SPY (trailed the market by 32.5%). The current 40.1% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.