MP Materials (MP) stock exhibits positive short-term and long-term moving average signals, suggesting a bullish outlook. However, recent analyst downgrades and a weak P/E ratio of -96.69 indicate underlying weaknesses. The stock is currently trading within a declining trend channel, with short-term average above the long-term average. Support levels are identified at $60.62 and $57.34, with resistance at $65.57. A break below $60.0 would signal a sell, while surpassing $100.0 indicates further upside potential. The stock's recent performance shows a significant upward move from a pivot bottom identified 8 days ago, with a 29.51% gain. The stock also shows a bullish signal from the 3-month MACD and rising volume alongside price. Overall, while there are mixed signals, the sustained positive trend and recent momentum suggest a potential for growth, but the current price may be considered overvalued, warranting a "Hold/Accumulate" stance.