(MRO) Marathon Oil complete technical analysis [charts+indicators] | Buy/Sell Marathon Oil | (MRO) share price targets
Complete technical analysis of Marathon Oil (MRO) by charts plus indicators, forecast predictions and share price targets for Marathon Oil (MRO)
Marathon Oil trades in USA in Energy sector.
Showing technical analysis as on 2024-01-30 View latest technical analysis
10 day averaged volume of Marathon Oil is 9078090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 23.54 | 22.92 | 23.58 | 22.92 | 1.051 times |
| 29 Mon Jan 2024 | 23.19 | 23.15 | 23.22 | 22.82 | 0.849 times |
| 26 Fri Jan 2024 | 23.21 | 23.09 | 23.25 | 22.72 | 0.944 times |
| 25 Thu Jan 2024 | 23.13 | 22.76 | 23.14 | 22.39 | 1.182 times |
| 24 Wed Jan 2024 | 22.59 | 22.56 | 22.71 | 22.35 | 0.931 times |
| 23 Tue Jan 2024 | 22.37 | 22.25 | 22.58 | 22.16 | 0.74 times |
| 22 Mon Jan 2024 | 22.28 | 22.19 | 22.47 | 22.04 | 0.976 times |
| 19 Fri Jan 2024 | 22.27 | 22.06 | 22.28 | 21.90 | 1.07 times |
| 18 Thu Jan 2024 | 22.15 | 22.30 | 22.32 | 21.81 | 1.142 times |
| 17 Wed Jan 2024 | 22.32 | 22.29 | 22.56 | 22.19 | 0.919 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 23.9 as stoploss in an intra day sell trade for a target of 23.14. However, stock will show a bullish move above 23.9.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Downside Target | 22.68 |
| Upside Target | 23.91 |
| Upside Target | 24.00 |
| Upside Target | 24.30 |
| Upside Target | 25.16 |
| Upside Target | 25.73 |
| Upside Target | 25.93 |
| Upside Target | 27.68 |
| Upside Target | 28.13 |
| Upside Target | 29.56 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 23.05 |
| Downside Intraday Target | 22.55 |
| Upside Intraday Target | 23.81 |
| Upside Intraday Target | 24.07 |
| Downside Intraday Target | 23.31 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 23.54 | 23.15 | 23.58 | 22.82 | 0.398 times |
| 26 Fri Jan 2024 | 23.21 | 22.19 | 23.25 | 22.04 | 1.091 times |
| 19 Fri Jan 2024 | 22.27 | 23.22 | 23.27 | 21.81 | 3.371 times |
| 12 Fri Jan 2024 | 23.40 | 23.40 | 23.52 | 23.19 | 0.243 times |
| 12 Fri Jan 2024 | 23.40 | 23.77 | 23.91 | 22.68 | 1.218 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Marathon Oil (MRO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 23.54 | 24.36 | 25.16 | 21.81 | 0.971 times |
| 29 Fri Dec 2023 | 24.16 | 25.35 | 25.93 | 23.14 | 1.012 times |
| 30 Thu Nov 2023 | 25.43 | 27.45 | 28.13 | 24.30 | 0.879 times |
| 31 Tue Oct 2023 | 27.31 | 26.79 | 29.56 | 24.00 | 0.943 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Marathon Oil (MRO)
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Marathon Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.71 and Marathon Oil (MRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Marathon Oil (MRO) stock. Volume based technical analysis of Marathon Oil (MRO) stock is negative.
Marathon Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Marathon Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.71 and Marathon Oil (MRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Marathon Oil (MRO) stock. Volume based technical analysis of Marathon Oil (MRO) stock is negative.
Marathon Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.