MPLX Sees Relative Strength Rating Rise To 75

MPLX (MPLX) had its Relative Strength (RS) Rating upgraded from 70 to 75 Friday — a welcome improvement, but still short of the 80 or better score you prefer to see.


When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the trailing 52 weeks stacks up against all the other stocks in our database.

History reveals that the market’s biggest winners often have an RS Rating of above 80 in the early stages of their moves. See if MPLX can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

MPLX is building a consolidation with a 31.50 entry. See if it can clear the breakout price in heavy volume.

While revenue growth fell last quarter from 136% to 15%, the bottom line grew 14%, up from 0% in the previous report.

The company holds the No. 16 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Oneok (OKE) and Rattler Midstream (RTLR) are also among the group’s highest-rated stocks.


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