May 14, 2013 (Market movers via COMTEX) -- Molycorp (NYSE:MCP) is one of today's notable stocks on the rise, up 2.0% to $7.22. The S&P is trading higher by 0.7% to 1,646 and the Dow is trading 0.5% higher to 15,160.

Molycorp, Inc. produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications.

Molycorp has overhead space with shares priced $7.22, or 55.5% below the average consensus analyst price target of $16.21. The stock should hit resistance at its 200-day moving average (MA) of $8.95, as well as support at its 50-day MA of $5.68.

Over the past year, Molycorp has traded in a range of $4.70 to $25.92 and is now at $7.22, 54% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 1.9% while the 50-day MA has advanced 0.6%.

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