(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 2024-07-11 View latest technical analysis
10 day averaged volume of Marathon Oil is 6565330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 28.61 | 28.20 | 28.70 | 28.02 | 0.899 times |
| 10 Wed Jul 2024 | 28.16 | 27.81 | 28.20 | 27.71 | 0.786 times |
| 09 Tue Jul 2024 | 27.89 | 27.79 | 28.26 | 27.74 | 0.842 times |
| 08 Mon Jul 2024 | 28.19 | 28.11 | 28.20 | 27.88 | 1 times |
| 05 Fri Jul 2024 | 28.18 | 28.60 | 28.71 | 28.07 | 1.517 times |
| 03 Wed Jul 2024 | 28.77 | 28.60 | 29.00 | 28.54 | 0.68 times |
| 03 Wed Jul 2024 | 28.77 | 28.60 | 29.00 | 28.54 | 0.68 times |
| 02 Tue Jul 2024 | 28.58 | 28.86 | 29.04 | 28.41 | 1.18 times |
| 01 Mon Jul 2024 | 28.71 | 28.85 | 28.95 | 28.47 | 0.826 times |
| 28 Fri Jun 2024 | 28.67 | 28.81 | 28.99 | 28.49 | 1.74 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 28.7 as stoploss in an intra day sell trade for a target of 28.2. However, stock will show a bullish move above 28.7.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 24.10 |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Upside Target | 28.70 |
| Upside Target | 28.99 |
| Upside Target | 29.00 |
| 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 | 27.98 |
| Downside Intraday Target | 27.35 |
| Upside Intraday Target | 28.97 |
| Upside Intraday Target | 29.33 |
| Downside Intraday Target | 28.34 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 28.61 | 28.11 | 28.70 | 27.71 | 1.606 times |
| 05 Fri Jul 2024 | 28.18 | 28.60 | 29.00 | 28.07 | 0.818 times |
| 03 Wed Jul 2024 | 28.77 | 28.85 | 29.04 | 28.41 | 0.474 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Marathon Oil (MRO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 28.61 | 28.85 | 29.04 | 27.71 | 0.345 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Marathon Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.45 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Marathon Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.45 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.