(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 2024-07-02 View latest technical analysis
10 day averaged volume of Marathon Oil is 7937250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 28.58 | 28.86 | 29.04 | 28.41 | 0.976 times |
| 01 Mon Jul 2024 | 28.71 | 28.85 | 28.95 | 28.47 | 0.683 times |
| 28 Fri Jun 2024 | 28.67 | 28.81 | 28.99 | 28.49 | 1.439 times |
| 27 Thu Jun 2024 | 28.58 | 28.70 | 28.73 | 28.39 | 0.619 times |
| 26 Wed Jun 2024 | 28.49 | 28.86 | 28.90 | 28.24 | 0.666 times |
| 25 Tue Jun 2024 | 28.83 | 28.70 | 28.86 | 28.46 | 0.888 times |
| 24 Mon Jun 2024 | 28.74 | 27.86 | 28.98 | 27.86 | 1.071 times |
| 21 Fri Jun 2024 | 27.76 | 27.93 | 28.07 | 27.65 | 2.257 times |
| 20 Thu Jun 2024 | 27.83 | 27.34 | 27.96 | 27.29 | 0.843 times |
| 18 Tue Jun 2024 | 27.32 | 27.41 | 27.77 | 27.25 | 0.767 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 28.6 as stoploss in an intra day sell trade for a target of 28.08. However, stock will show a bullish move above 28.6.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 24.10 |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Downside Target | 28.41 |
| Upside Target | 28.68 |
| Upside Target | 28.99 |
| Upside Target | 29.02 |
| Upside Target | 29.04 |
| Upside Target | 29.35 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 28.31 |
| Downside Intraday Target | 28.05 |
| Upside Intraday Target | 28.94 |
| Upside Intraday Target | 29.31 |
| Upside Intraday Target | 28.68 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 28.58 | 28.85 | 29.04 | 28.41 | 0.354 times |
| 28 Fri Jun 2024 | 28.67 | 27.86 | 28.99 | 27.86 | 1.211 times |
| 21 Fri Jun 2024 | 27.76 | 27.41 | 28.07 | 27.25 | 2.325 times |
| 18 Tue Jun 2024 | 27.32 | 27.26 | 27.77 | 27.06 | 0.437 times |
| 14 Fri Jun 2024 | 27.30 | 28.00 | 28.68 | 27.23 | 0.623 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 |
| 02 Tue Jul 2024 | 28.58 | 28.85 | 29.04 | 28.41 | 0.082 times |
| 28 Fri Jun 2024 | 28.67 | 29.00 | 29.02 | 27.06 | 0.617 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 |
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 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 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 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 above 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 and the buying is gaining 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 28.3 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 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 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 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 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 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 above 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 and the buying is gaining 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 28.3 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 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.