(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 2024-06-12 View latest technical analysis
10 day averaged volume of Marathon Oil is 16713920
Date | Daily Closing Price | Open | High | Low | Volume |
12 Wed Jun 2024 | 28.03 | 28.58 | 28.68 | 27.84 | 0.34 times |
11 Tue Jun 2024 | 28.37 | 28.12 | 28.38 | 28.11 | 0.31 times |
10 Mon Jun 2024 | 28.28 | 28.00 | 28.48 | 27.93 | 0.413 times |
07 Fri Jun 2024 | 27.87 | 27.87 | 28.12 | 27.64 | 0.397 times |
06 Thu Jun 2024 | 27.88 | 27.85 | 28.02 | 27.78 | 0.677 times |
05 Wed Jun 2024 | 27.96 | 27.86 | 28.07 | 27.73 | 0.49 times |
04 Tue Jun 2024 | 27.89 | 28.10 | 28.20 | 27.69 | 0.713 times |
03 Mon Jun 2024 | 28.41 | 29.00 | 29.02 | 28.15 | 0.63 times |
31 Fri May 2024 | 28.96 | 28.22 | 29.00 | 28.19 | 1.286 times |
30 Thu May 2024 | 28.21 | 28.67 | 29.03 | 28.14 | 1.789 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 28.4 as stoploss in an intra day sell trade for a target of 27.29. However, stock will show a bullish move above 28.4.
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 | 28.68 |
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 | 27.69 |
Downside Intraday Target | 27.34 |
Upside Intraday Target | 28.53 |
Upside Intraday Target | 29.02 |
Upside Intraday Target | 28.18 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Wed Jun 2024 | 28.03 | 28.00 | 28.68 | 27.84 | 0.366 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 |
12 Wed Jun 2024 | 28.03 | 29.00 | 29.02 | 27.64 | 0.256 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 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 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 to mid 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 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 gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 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 28.27 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 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 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 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 to mid 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 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 gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 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 28.27 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.