(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 2024-07-12 View latest technical analysis
10 day averaged volume of Marathon Oil is 6664240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 28.45 | 28.66 | 28.74 | 28.28 | 0.853 times |
| 11 Thu Jul 2024 | 28.61 | 28.20 | 28.70 | 28.02 | 0.886 times |
| 10 Wed Jul 2024 | 28.16 | 27.81 | 28.20 | 27.71 | 0.775 times |
| 09 Tue Jul 2024 | 27.89 | 27.79 | 28.26 | 27.74 | 0.83 times |
| 08 Mon Jul 2024 | 28.19 | 28.11 | 28.20 | 27.88 | 0.986 times |
| 05 Fri Jul 2024 | 28.18 | 28.60 | 28.71 | 28.07 | 1.495 times |
| 03 Wed Jul 2024 | 28.77 | 28.60 | 29.00 | 28.54 | 0.67 times |
| 03 Wed Jul 2024 | 28.77 | 28.60 | 29.00 | 28.54 | 0.67 times |
| 02 Tue Jul 2024 | 28.58 | 28.86 | 29.04 | 28.41 | 1.162 times |
| 01 Mon Jul 2024 | 28.71 | 28.85 | 28.95 | 28.47 | 0.814 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.8 or till 29.4. Use a stoploss of 28.26 and if this stock hits its stoploss, then it can fall down till 27.75
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 24.10 |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Upside Target | 28.74 |
| 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 | 27.86 |
| Downside Intraday Target | 27.27 |
| Upside Intraday Target | 28.89 |
| Upside Intraday Target | 29.33 |
| Downside Intraday Target | 28.3 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 28.45 | 28.11 | 28.74 | 27.71 | 2 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 |
| 12 Fri Jul 2024 | 28.45 | 28.85 | 29.04 | 27.71 | 0.381 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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 buy signal for Marathon Oil in short term and BUY signal is strong.
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 28.4 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 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 negative.
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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 buy signal for Marathon Oil in short term and BUY signal is strong.
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 28.4 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.