(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 2024-05-02 View latest technical analysis
10 day averaged volume of Marathon Oil is 8032420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 26.09 | 26.46 | 27.04 | 26.02 | 2.005 times |
| 01 Wed May 2024 | 26.10 | 26.74 | 26.82 | 25.87 | 1.429 times |
| 30 Tue Apr 2024 | 26.85 | 27.75 | 27.80 | 26.79 | 1.209 times |
| 29 Mon Apr 2024 | 27.94 | 27.67 | 27.95 | 27.61 | 0.957 times |
| 26 Fri Apr 2024 | 27.77 | 27.63 | 27.94 | 27.51 | 0.731 times |
| 25 Thu Apr 2024 | 27.74 | 27.60 | 27.82 | 27.27 | 0.717 times |
| 24 Wed Apr 2024 | 27.53 | 27.65 | 27.74 | 27.40 | 0.744 times |
| 23 Tue Apr 2024 | 27.82 | 27.48 | 27.86 | 27.27 | 1.133 times |
| 22 Mon Apr 2024 | 27.65 | 27.29 | 27.90 | 26.95 | 0.952 times |
| 19 Fri Apr 2024 | 27.50 | 27.35 | 27.98 | 27.24 | 0.976 times |
Stock of Marathon Oil (MRO) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 25.7, for a target of 27 or 28.09
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Downside Target | 24.10 |
| Downside Target | 24.61 |
| Downside Target | 25.16 |
| Downside Target | 25.87 |
| Upside Target | 26.79 |
| Upside Target | 27.94 |
| Upside Target | 28.39 |
| Upside Target | 29.00 |
| Upside Target | 29.33 |
| Upside Target | 29.78 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 25.32 |
| Downside Intraday Target | 24.56 |
| Upside Intraday Target | 27.4 |
| Upside Intraday Target | 28.72 |
| Upside Intraday Target | 26.64 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 26.09 | 27.67 | 27.95 | 25.87 | 1.31 times |
| 26 Fri Apr 2024 | 27.77 | 27.29 | 27.94 | 26.95 | 0.687 times |
| 19 Fri Apr 2024 | 27.50 | 29.12 | 29.33 | 27.24 | 1.145 times |
| 12 Fri Apr 2024 | 29.09 | 29.75 | 30.06 | 29.00 | 0.853 times |
| 05 Fri Apr 2024 | 29.69 | 28.46 | 29.78 | 28.16 | 1.254 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 |
| 02 Thu May 2024 | 26.09 | 26.74 | 27.04 | 25.87 | 0.14 times |
| 30 Tue Apr 2024 | 26.85 | 28.46 | 30.06 | 26.79 | 0.969 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 |
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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 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 27.1 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 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 27.1 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.