(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 2024-09-23 View latest technical analysis
10 day averaged volume of Marathon Oil is 6819842
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 27.77 | 27.93 | 28.06 | 27.24 | 0.953 times |
| 20 Fri Sep 2024 | 27.93 | 27.99 | 28.18 | 27.71 | 2.235 times |
| 19 Thu Sep 2024 | 27.89 | 27.89 | 28.12 | 27.63 | 0.989 times |
| 18 Wed Sep 2024 | 27.43 | 27.17 | 27.79 | 27.17 | 1.013 times |
| 17 Tue Sep 2024 | 27.36 | 26.62 | 27.41 | 26.61 | 0.778 times |
| 16 Mon Sep 2024 | 26.66 | 26.40 | 26.72 | 26.35 | 0.911 times |
| 13 Fri Sep 2024 | 26.13 | 26.13 | 26.34 | 26.06 | 0.63 times |
| 12 Thu Sep 2024 | 25.98 | 25.88 | 26.14 | 25.74 | 0.817 times |
| 11 Wed Sep 2024 | 25.89 | 26.20 | 26.25 | 25.54 | 0.862 times |
| 10 Tue Sep 2024 | 26.22 | 26.65 | 26.67 | 26.04 | 1.029 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.3 or till 29.4. Use a stoploss of 27.37 and if this stock hits its stoploss, then it can fall down till 26.46
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.49 |
| Downside Target | 26.35 |
| Upside Target | 28.06 |
| Upside Target | 28.20 |
| Upside Target | 28.33 |
| Upside Target | 28.74 |
| Upside Target | 29.02 |
| Upside Target | 29.05 |
| Upside Target | 29.35 |
| Upside Target | 29.74 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.32 |
| Downside Intraday Target | 26.87 |
| Upside Intraday Target | 28.14 |
| Upside Intraday Target | 28.51 |
| Downside Intraday Target | 27.69 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Sep 2024 | 27.77 | 27.93 | 28.06 | 27.24 | 0.161 times |
| 20 Fri Sep 2024 | 27.93 | 26.40 | 28.18 | 26.35 | 1.455 times |
| 13 Fri Sep 2024 | 26.13 | 26.73 | 26.91 | 25.54 | 1.154 times |
| 06 Fri Sep 2024 | 26.72 | 28.12 | 28.20 | 26.65 | 3.28 times |
| 30 Fri Aug 2024 | 28.65 | 28.48 | 28.74 | 28.33 | 0.272 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 |
| 23 Mon Sep 2024 | 27.77 | 28.12 | 28.20 | 25.54 | 0.753 times |
| 30 Fri Aug 2024 | 28.65 | 28.22 | 29.05 | 25.74 | 1.056 times |
| 31 Wed Jul 2024 | 28.05 | 28.85 | 29.74 | 27.24 | 0.777 times |
| 28 Fri Jun 2024 | 28.67 | 29.00 | 29.02 | 27.06 | 0.617 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Marathon Oil in short term but SELL 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
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 27.09 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Marathon Oil in short term but SELL 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
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 27.09 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.