(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 2024-04-09 View latest technical analysis
10 day averaged volume of Marathon Oil is 10038050
Date | Daily Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 29.28 | 29.60 | 29.75 | 29.10 | 0.988 times |
08 Mon Apr 2024 | 29.49 | 29.75 | 29.81 | 29.39 | 0.827 times |
05 Fri Apr 2024 | 29.69 | 29.61 | 29.78 | 29.30 | 1.101 times |
04 Thu Apr 2024 | 29.48 | 29.58 | 29.69 | 29.35 | 0.983 times |
03 Wed Apr 2024 | 29.50 | 28.87 | 29.52 | 28.84 | 1 times |
02 Tue Apr 2024 | 28.79 | 28.70 | 28.87 | 28.45 | 1.019 times |
01 Mon Apr 2024 | 28.57 | 28.46 | 28.68 | 28.16 | 1.002 times |
28 Thu Mar 2024 | 28.34 | 27.98 | 28.39 | 27.88 | 1.163 times |
27 Wed Mar 2024 | 27.71 | 27.34 | 27.72 | 27.28 | 0.884 times |
26 Tue Mar 2024 | 27.44 | 27.70 | 27.82 | 27.39 | 1.164 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29, but if it comes below 29, then a intra day sell could be more profitable.
If you take a sell trade below 29, then use 29 as stoploss and 27.73 as target. However if you take a buy trade in stock , then use 29 as stoploss and 30.6 as target.
Share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Target | 21.81 |
Downside Target | 23.14 |
Downside Target | 24.10 |
Downside Target | 25.16 |
Downside Target | 25.93 |
Downside Target | 28.16 |
Downside Target | 28.39 |
Downside Target | 29.10 |
Upside Target | 29.78 |
Upside Target | 29.81 |
Intraday share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Intraday Target | 28.98 |
Downside Intraday Target | 28.69 |
Upside Intraday Target | 29.69 |
Upside Intraday Target | 30.11 |
Upside Intraday Target | 29.4 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Tue Apr 2024 | 29.28 | 29.75 | 29.81 | 29.10 | 0.356 times |
05 Fri Apr 2024 | 29.69 | 28.46 | 29.78 | 28.16 | 1.254 times |
28 Thu Mar 2024 | 28.34 | 27.19 | 28.39 | 27.19 | 0.848 times |
22 Fri Mar 2024 | 27.10 | 26.55 | 27.40 | 26.29 | 0.795 times |
15 Fri Mar 2024 | 26.51 | 24.60 | 26.70 | 24.42 | 1.359 times |
Price has moved down 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 |
09 Tue Apr 2024 | 29.28 | 28.46 | 29.81 | 28.16 | 0.342 times |
28 Thu Mar 2024 | 28.34 | 24.40 | 28.39 | 24.10 | 0.982 times |
29 Thu Feb 2024 | 24.25 | 22.99 | 24.61 | 22.06 | 0.986 times |
31 Wed Jan 2024 | 22.85 | 24.36 | 25.16 | 21.81 | 1.015 times |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 mid to longer 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.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 28.81 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 positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 mid to longer 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.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 28.81 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.