(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 2024-05-08 View latest technical analysis
10 day averaged volume of Marathon Oil is 9260270
Date | Daily Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 26.98 | 26.79 | 27.16 | 26.79 | 0.721 times |
07 Tue May 2024 | 27.05 | 26.78 | 27.23 | 26.76 | 1.159 times |
06 Mon May 2024 | 26.71 | 26.57 | 27.03 | 26.51 | 1.104 times |
03 Fri May 2024 | 26.34 | 26.25 | 26.53 | 26.01 | 0.978 times |
02 Thu May 2024 | 26.09 | 26.46 | 27.04 | 26.02 | 1.739 times |
01 Wed May 2024 | 26.10 | 26.74 | 26.82 | 25.87 | 1.24 times |
30 Tue Apr 2024 | 26.85 | 27.75 | 27.80 | 26.79 | 1.049 times |
29 Mon Apr 2024 | 27.94 | 27.67 | 27.95 | 27.61 | 0.83 times |
26 Fri Apr 2024 | 27.77 | 27.63 | 27.94 | 27.51 | 0.634 times |
25 Thu Apr 2024 | 27.74 | 27.60 | 27.82 | 27.27 | 0.622 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.6 as stoploss in an intra day buy trade for a target of 27.54. However, stock will show a bearish move below 26.6.
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 |
Downside Target | 26.51 |
Upside Target | 27.94 |
Upside Target | 27.95 |
Upside Target | 28.39 |
Upside Target | 29.00 |
Upside Target | 29.33 |
Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Intraday Target | 26.58 |
Downside Intraday Target | 26.19 |
Upside Intraday Target | 27.3 |
Upside Intraday Target | 27.63 |
Downside Intraday Target | 26.91 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Wed May 2024 | 26.98 | 26.57 | 27.23 | 26.51 | 0.511 times |
03 Fri May 2024 | 26.34 | 27.67 | 27.95 | 25.87 | 1.573 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 |
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 |
08 Wed May 2024 | 26.98 | 26.74 | 27.23 | 25.87 | 0.327 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 26.8 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 26.8 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 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.