(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 2024-06-04 View latest technical analysis
10 day averaged volume of Marathon Oil is 16438013
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 27.89 | 28.10 | 28.20 | 27.69 | 0.725 times |
| 03 Mon Jun 2024 | 28.41 | 29.00 | 29.02 | 28.15 | 0.64 times |
| 31 Fri May 2024 | 28.96 | 28.22 | 29.00 | 28.19 | 1.307 times |
| 30 Thu May 2024 | 28.21 | 28.67 | 29.03 | 28.14 | 1.819 times |
| 29 Wed May 2024 | 28.68 | 29.35 | 29.35 | 28.38 | 3.352 times |
| 28 Tue May 2024 | 26.45 | 25.73 | 26.57 | 25.71 | 0.915 times |
| 24 Fri May 2024 | 25.56 | 25.94 | 26.06 | 25.49 | 0.446 times |
| 23 Thu May 2024 | 25.77 | 26.09 | 26.20 | 25.54 | 0.416 times |
| 22 Wed May 2024 | 25.88 | 26.04 | 26.13 | 25.51 | 0.424 times |
| 21 Tue May 2024 | 26.29 | 26.31 | 26.53 | 26.17 | 0.309 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.9 as stoploss in an intra day sell trade for a target of 26.91. However, stock will show a bullish move above 27.9.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 22.06 |
| Downside Target | 24.10 |
| Downside Target | 24.61 |
| Downside Target | 25.49 |
| Downside Target | 26.51 |
| Downside Target | 27.69 |
| Upside Target | 28.39 |
| Upside Target | 29.02 |
| Upside Target | 29.35 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.38 |
| Downside Intraday Target | 26.87 |
| Upside Intraday Target | 28.71 |
| Upside Intraday Target | 29.53 |
| Upside Intraday Target | 28.2 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 27.89 | 29.00 | 29.02 | 27.69 | 0.185 times |
| 31 Fri May 2024 | 28.96 | 25.73 | 29.35 | 25.71 | 3.76 times |
| 24 Fri May 2024 | 25.56 | 26.27 | 26.53 | 25.49 | 1.131 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 |
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 |
| 04 Tue Jun 2024 | 27.89 | 29.00 | 29.02 | 27.69 | 0.087 times |
| 31 Fri May 2024 | 28.96 | 26.74 | 29.35 | 25.49 | 1.317 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 |
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 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 to mid 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 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 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.
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 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 in or below 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.93 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 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 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 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 to mid 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 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 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.
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 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 in or below 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.93 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.