(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 2024-06-11 View latest technical analysis
10 day averaged volume of Marathon Oil is 17700000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 28.37 | 28.12 | 28.38 | 28.11 | 0.293 times |
| 10 Mon Jun 2024 | 28.28 | 28.00 | 28.48 | 27.93 | 0.39 times |
| 07 Fri Jun 2024 | 27.87 | 27.87 | 28.12 | 27.64 | 0.375 times |
| 06 Thu Jun 2024 | 27.88 | 27.85 | 28.02 | 27.78 | 0.639 times |
| 05 Wed Jun 2024 | 27.96 | 27.86 | 28.07 | 27.73 | 0.463 times |
| 04 Tue Jun 2024 | 27.89 | 28.10 | 28.20 | 27.69 | 0.673 times |
| 03 Mon Jun 2024 | 28.41 | 29.00 | 29.02 | 28.15 | 0.595 times |
| 31 Fri May 2024 | 28.96 | 28.22 | 29.00 | 28.19 | 1.214 times |
| 30 Thu May 2024 | 28.21 | 28.67 | 29.03 | 28.14 | 1.689 times |
| 29 Wed May 2024 | 28.68 | 29.35 | 29.35 | 28.38 | 3.113 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.3, but if it comes below 28.3, then a intra day sell could be more profitable.
If you take a sell trade below 28.3, then use 28.3 as stoploss and 27.21 as target. However if you take a buy trade in stock , then use 28.3 as stoploss and 29.6 as target.
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 | 26.53 |
| Downside Target | 27.64 |
| Upside Target | 28.39 |
| Upside Target | 28.48 |
| 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 | 28.04 |
| Downside Intraday Target | 27.71 |
| Upside Intraday Target | 28.59 |
| Upside Intraday Target | 28.81 |
| Downside Intraday Target | 28.26 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 28.37 | 28.00 | 28.48 | 27.93 | 0.249 times |
| 07 Fri Jun 2024 | 27.87 | 29.00 | 29.02 | 27.64 | 0.4 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 |
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 |
| 11 Tue Jun 2024 | 28.37 | 29.00 | 29.02 | 27.64 | 0.234 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
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 28.41 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
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 28.41 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.