(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 2024-10-21 View latest technical analysis
10 day averaged volume of Marathon Oil is 5119390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 26.55 | 27.00 | 27.04 | 26.49 | 0.804 times |
| 18 Fri Oct 2024 | 26.72 | 26.86 | 26.96 | 26.50 | 0.941 times |
| 17 Thu Oct 2024 | 26.92 | 26.63 | 26.93 | 26.57 | 1.019 times |
| 16 Wed Oct 2024 | 26.58 | 26.79 | 26.86 | 26.56 | 0.946 times |
| 15 Tue Oct 2024 | 26.65 | 26.80 | 27.12 | 26.63 | 0.965 times |
| 14 Mon Oct 2024 | 27.74 | 27.83 | 27.98 | 27.60 | 0.757 times |
| 11 Fri Oct 2024 | 28.06 | 28.20 | 28.34 | 28.04 | 1.058 times |
| 10 Thu Oct 2024 | 28.33 | 28.31 | 28.58 | 28.07 | 0.951 times |
| 09 Wed Oct 2024 | 28.14 | 27.82 | 28.29 | 27.74 | 0.73 times |
| 08 Tue Oct 2024 | 28.11 | 28.69 | 28.69 | 27.94 | 1.121 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.6, but if it comes above 26.6, then a intra day buy could be more profitable.
If you take a sell trade below 26.6, then use 26.6 as stoploss and 25.5 as target. However if you take a buy trade in stock , then use 26.6 as stoploss and 27.47 as target.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.54 |
| Upside Target | 27.04 |
| Upside Target | 27.98 |
| Upside Target | 28.23 |
| Upside Target | 29.02 |
| Upside Target | 29.05 |
| Upside Target | 29.40 |
| Upside Target | 29.74 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 26.35 |
| Downside Intraday Target | 26.14 |
| Upside Intraday Target | 26.9 |
| Upside Intraday Target | 27.24 |
| Upside Intraday Target | 26.69 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 26.55 | 27.00 | 27.04 | 26.49 | 0.174 times |
| 18 Fri Oct 2024 | 26.72 | 27.83 | 27.98 | 26.50 | 0.862 times |
| 11 Fri Oct 2024 | 28.06 | 29.01 | 29.40 | 27.74 | 1.141 times |
| 04 Fri Oct 2024 | 28.99 | 26.34 | 29.02 | 26.27 | 0.839 times |
| 27 Fri Sep 2024 | 26.48 | 27.93 | 28.23 | 25.81 | 0.711 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 |
| 21 Mon Oct 2024 | 26.55 | 26.36 | 29.40 | 26.29 | 0.598 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL 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 27.39 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
Marathon Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL 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 27.39 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.