(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 2024-10-03 View latest technical analysis
10 day averaged volume of Marathon Oil is 6605080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 28.54 | 27.99 | 28.54 | 27.81 | 0.702 times |
| 02 Wed Oct 2024 | 27.97 | 28.15 | 28.23 | 27.52 | 0.71 times |
| 01 Tue Oct 2024 | 27.64 | 26.36 | 27.75 | 26.29 | 0.939 times |
| 30 Mon Sep 2024 | 26.63 | 26.34 | 26.74 | 26.27 | 0.674 times |
| 27 Fri Sep 2024 | 26.48 | 26.00 | 26.54 | 25.97 | 0.651 times |
| 26 Thu Sep 2024 | 25.87 | 26.11 | 26.35 | 25.81 | 1.311 times |
| 25 Wed Sep 2024 | 26.74 | 27.50 | 27.56 | 26.74 | 0.803 times |
| 24 Tue Sep 2024 | 27.58 | 28.21 | 28.23 | 27.57 | 0.6 times |
| 23 Mon Sep 2024 | 27.77 | 27.93 | 28.06 | 27.24 | 0.984 times |
| 20 Fri Sep 2024 | 27.93 | 27.99 | 28.18 | 27.71 | 2.307 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 28.7, for a target of 27.8 or 27
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.54 |
| Downside Target | 28.18 |
| Downside Target | 28.20 |
| Downside Target | 28.23 |
| Downside Target | 28.54 |
| Upside Target | 29.02 |
| Upside Target | 29.05 |
| Upside Target | 29.74 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.03 |
| Downside Intraday Target | 25.51 |
| Upside Intraday Target | 29.3 |
| Upside Intraday Target | 30.05 |
| Downside Intraday Target | 27.78 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 28.54 | 26.34 | 28.54 | 26.27 | 0.695 times |
| 27 Fri Sep 2024 | 26.48 | 27.93 | 28.23 | 25.81 | 0.711 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 |
Price has moved up 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 |
| 03 Thu Oct 2024 | 28.54 | 26.36 | 28.54 | 26.29 | 0.124 times |
| 30 Mon Sep 2024 | 26.63 | 28.12 | 28.23 | 25.54 | 0.957 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 neutral. A longer time frame might give a better analysis.
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.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 27.35 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 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 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 neutral. A longer time frame might give a better analysis.
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.
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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 27.35 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.