The intraday price for Marine Products Corp. has moved below its 200 period 30 minute moving average of 5.88. MPX is around 5.85 bucks now. Going below the moving average deepens the negative trend.

The price is already below support of $5.91.

Other stocks to watch – these have a positive correlation with Marine Products Corp.:

Pathmaster Domestic Equity Fund (PDEIX) with a correlation of 96.52%

Sports Supplement Gr (SRSP) with a correlation of 98.03%

United Insurance Holdings Corp (UIHC) with a correlation of 96.84%

Softwood Pulp {Oct 09} (XPV09) with a correlation of 96.38%

Commerce Split Corp Prty Eqty (YCM.PR.X) with a correlation of 96.39%

For the math geeks and quants – the most recent Slope: -0.03 Intercept: 5.91 close: 5.85