(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 2024-02-06 View latest technical analysis
10 day averaged volume of Marathon Oil is 8639010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 22.53 | 22.43 | 22.80 | 22.30 | 0.808 times |
| 05 Mon Feb 2024 | 22.32 | 22.28 | 22.43 | 22.06 | 0.824 times |
| 02 Fri Feb 2024 | 22.46 | 22.67 | 22.73 | 22.30 | 0.999 times |
| 01 Thu Feb 2024 | 22.66 | 22.99 | 23.17 | 22.45 | 1.133 times |
| 31 Wed Jan 2024 | 22.85 | 23.51 | 23.54 | 22.84 | 1.057 times |
| 30 Tue Jan 2024 | 23.54 | 22.92 | 23.58 | 22.92 | 1.104 times |
| 29 Mon Jan 2024 | 23.19 | 23.15 | 23.22 | 22.82 | 0.892 times |
| 26 Fri Jan 2024 | 23.21 | 23.09 | 23.25 | 22.72 | 0.992 times |
| 25 Thu Jan 2024 | 23.13 | 22.76 | 23.14 | 22.39 | 1.242 times |
| 24 Wed Jan 2024 | 22.59 | 22.56 | 22.71 | 22.35 | 0.979 times |
My analysis of stock is bearish for shortterm, and stock might move down till 22.3 or till 21.8. Use a stoploss of 22.76 and if the stock hits stoploss, then it can shoot up till 23.18
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Upside Target | 22.80 |
| Upside Target | 23.27 |
| Upside Target | 23.52 |
| Upside Target | 23.58 |
| Upside Target | 24.00 |
| Upside Target | 24.30 |
| Upside Target | 25.16 |
| Upside Target | 25.93 |
| Upside Target | 28.13 |
| Upside Target | 29.56 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 22.13 |
| Downside Intraday Target | 21.72 |
| Upside Intraday Target | 22.87 |
| Upside Intraday Target | 23.2 |
| Downside Intraday Target | 22.46 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 22.53 | 22.28 | 22.80 | 22.06 | 0.315 times |
| 02 Fri Feb 2024 | 22.46 | 23.15 | 23.58 | 22.30 | 1.034 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 |
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 |
| 06 Tue Feb 2024 | 22.53 | 22.99 | 23.17 | 22.06 | 0.155 times |
| 31 Wed Jan 2024 | 22.85 | 24.36 | 25.16 | 21.81 | 1.015 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 22.87 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak and stock is losing 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 22.87 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. 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.