(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 2024-07-24 View latest technical analysis
10 day averaged volume of Marathon Oil is 4986286
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 27.86 | 28.03 | 28.24 | 27.76 | 0.893 times |
| 23 Tue Jul 2024 | 27.84 | 28.12 | 28.17 | 27.69 | 0.75 times |
| 22 Mon Jul 2024 | 28.28 | 28.69 | 28.69 | 28.19 | 0.757 times |
| 19 Fri Jul 2024 | 28.72 | 29.33 | 29.37 | 28.71 | 0.771 times |
| 18 Thu Jul 2024 | 29.26 | 29.22 | 29.74 | 29.08 | 1.061 times |
| 17 Wed Jul 2024 | 29.11 | 28.99 | 29.49 | 28.99 | 1.389 times |
| 16 Tue Jul 2024 | 28.97 | 28.54 | 28.99 | 28.44 | 0.9 times |
| 15 Mon Jul 2024 | 28.74 | 28.65 | 28.99 | 28.42 | 1.011 times |
| 12 Fri Jul 2024 | 28.45 | 28.66 | 28.74 | 28.28 | 1.14 times |
| 11 Thu Jul 2024 | 28.61 | 28.20 | 28.70 | 28.02 | 1.184 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.1, but if it comes above 28.1, then a intra day buy could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.7 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 28.52 as target.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 24.10 |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Downside Target | 27.69 |
| Upside Target | 28.74 |
| Upside Target | 29.00 |
| Upside Target | 29.02 |
| Upside Target | 29.04 |
| Upside Target | 29.35 |
| Upside Target | 29.74 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.47 |
| Downside Intraday Target | 27.08 |
| Upside Intraday Target | 28.47 |
| Upside Intraday Target | 29.08 |
| Upside Intraday Target | 28.08 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 27.86 | 28.69 | 28.69 | 27.69 | 0.468 times |
| 19 Fri Jul 2024 | 28.72 | 28.65 | 29.74 | 28.42 | 0.887 times |
| 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 |
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 |
| 24 Wed Jul 2024 | 27.86 | 28.85 | 29.74 | 27.69 | 0.616 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.63 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 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 28.63 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.