NYSE
On the weekly chart, MPA has been moving sideways between $10.17 and $14.50 since 14 Aug 2022.
Since 2020, NasdaqScan has found 4 sideways ranges in MPA. Completed ranges lasted 588 days on average, from 525 to 630 days. Of those 3, 2 broke upward and 1 broke downward. The current range is 43% wide from low to high. The latest retest signal NasdaqScan detected in MPA was in the week of 26 Jun 2022, below the earlier $14.10 – $16.76 range.
The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.
Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.
Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.
| Range | Started | Ended | How it ended | Retest signals (week of) |
|---|---|---|---|---|
| 14 Aug 2022 | Open | — | — | |
| 21 Feb 2021 | 23 Oct 2022 (609 days) | Broke below the range at $10.17 | 26 Jun 2022 (Go ahead) | |
| 23 Feb 2020 | 1 Aug 2021 (525 days) | Broke above the range at $16.76 | — | |
| 23 Feb 2020 | 14 Nov 2021 (630 days) | Broke above the range at $15.78 | — |
All NYSE stocks with retest patterns →
Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.