(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 2024-02-07 View latest technical analysis
10 day averaged volume of Marathon Oil is 8664810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 22.69 | 22.54 | 22.75 | 22.38 | 0.888 times |
| 06 Tue Feb 2024 | 22.53 | 22.43 | 22.80 | 22.30 | 0.805 times |
| 05 Mon Feb 2024 | 22.32 | 22.28 | 22.43 | 22.06 | 0.822 times |
| 02 Fri Feb 2024 | 22.46 | 22.67 | 22.73 | 22.30 | 0.996 times |
| 01 Thu Feb 2024 | 22.66 | 22.99 | 23.17 | 22.45 | 1.129 times |
| 31 Wed Jan 2024 | 22.85 | 23.51 | 23.54 | 22.84 | 1.053 times |
| 30 Tue Jan 2024 | 23.54 | 22.92 | 23.58 | 22.92 | 1.101 times |
| 29 Mon Jan 2024 | 23.19 | 23.15 | 23.22 | 22.82 | 0.89 times |
| 26 Fri Jan 2024 | 23.21 | 23.09 | 23.25 | 22.72 | 0.989 times |
| 25 Thu Jan 2024 | 23.13 | 22.76 | 23.14 | 22.39 | 1.239 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 22.75 and if the stock hits stoploss, then it can shoot up till 23.17
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 | 22.23 |
| Downside Intraday Target | 21.78 |
| Upside Intraday Target | 22.97 |
| Upside Intraday Target | 23.26 |
| Downside Intraday Target | 22.52 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed Feb 2024 | 22.69 | 22.28 | 22.80 | 22.06 | 0.487 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 |
| 07 Wed Feb 2024 | 22.69 | 22.99 | 23.17 | 22.06 | 0.192 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Marathon Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.88 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 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Marathon Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.88 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.