Technical Summary: Is MPG set for a turn around? The evidence may suggest so. After being stuck in a long term downtrend the stock has put in a low and moved above its 50 day moving average. The stock has then put in a second low above its moving average. The moving average itself has turned upwards which is often a positive sign. The stock can actually be accumulated here. The thing that traders have to look out for is a resumption of the wider trend. They therefore can look to exit their position if the stock turns below the previous low or if it moves below the 50 day moving average.