One important metric to look for in a stock is an 80 or higher Relative Strength Rating. MPLX just hit that mark, with a jump from 78 to 81 Monday.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest price moves.
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MPLX is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could launch a new move.
MPLX reported 13% earnings growth in the latest quarterly report, while sales growth came in at 2%.
MPLX holds the No. 7 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok, Energy Svcs of America and Energy Transfer are among the top 5 highly rated stocks within the group.
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