(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 2024-05-22 View latest technical analysis
10 day averaged volume of Marathon Oil is 5879493
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 25.88 | 26.04 | 26.13 | 25.51 | 1.185 times |
| 21 Tue May 2024 | 26.29 | 26.31 | 26.53 | 26.17 | 0.863 times |
| 20 Mon May 2024 | 26.46 | 26.27 | 26.53 | 26.17 | 1.04 times |
| 17 Fri May 2024 | 26.21 | 26.27 | 26.36 | 26.10 | 0.96 times |
| 16 Thu May 2024 | 26.13 | 26.45 | 26.62 | 26.13 | 0.863 times |
| 15 Wed May 2024 | 26.44 | 26.44 | 26.60 | 25.92 | 0.869 times |
| 14 Tue May 2024 | 26.57 | 26.56 | 26.67 | 26.30 | 1.065 times |
| 13 Mon May 2024 | 26.56 | 26.73 | 26.90 | 26.40 | 1.104 times |
| 10 Fri May 2024 | 26.59 | 27.30 | 27.40 | 26.56 | 1.167 times |
| 09 Thu May 2024 | 27.19 | 27.10 | 27.23 | 26.98 | 0.934 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.1, but if it comes above 26.1, then a intra day buy could be more profitable.
If you take a sell trade below 26.1, then use 26.1 as stoploss and 25.4 as target. However if you take a buy trade in stock , then use 26.1 as stoploss and 26.69 as target.
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 |
| Upside Target | 26.51 |
| Upside Target | 26.95 |
| Upside Target | 27.40 |
| Upside Target | 27.94 |
| Upside Target | 27.95 |
| Upside Target | 28.39 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 25.42 |
| Downside Intraday Target | 24.95 |
| Upside Intraday Target | 26.44 |
| Upside Intraday Target | 26.99 |
| Upside Intraday Target | 25.97 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 25.88 | 26.27 | 26.53 | 25.51 | 0.635 times |
| 17 Fri May 2024 | 26.21 | 26.73 | 26.90 | 25.92 | 0.715 times |
| 10 Fri May 2024 | 26.59 | 26.57 | 27.40 | 26.51 | 0.74 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 |
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 |
| 22 Wed May 2024 | 25.88 | 26.74 | 27.40 | 25.51 | 0.627 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
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 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 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 26.43 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
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 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 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 26.43 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.