(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 2024-10-22 View latest technical analysis
10 day averaged volume of Marathon Oil is 4757450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 26.61 | 26.70 | 26.79 | 26.51 | 0.778 times |
| 21 Mon Oct 2024 | 26.55 | 27.00 | 27.04 | 26.49 | 0.866 times |
| 18 Fri Oct 2024 | 26.72 | 26.86 | 26.96 | 26.50 | 1.013 times |
| 17 Thu Oct 2024 | 26.92 | 26.63 | 26.93 | 26.57 | 1.097 times |
| 16 Wed Oct 2024 | 26.58 | 26.79 | 26.86 | 26.56 | 1.018 times |
| 15 Tue Oct 2024 | 26.65 | 26.80 | 27.12 | 26.63 | 1.038 times |
| 14 Mon Oct 2024 | 27.74 | 27.83 | 27.98 | 27.60 | 0.815 times |
| 11 Fri Oct 2024 | 28.06 | 28.20 | 28.34 | 28.04 | 1.139 times |
| 10 Thu Oct 2024 | 28.33 | 28.31 | 28.58 | 28.07 | 1.023 times |
| 09 Wed Oct 2024 | 28.14 | 27.82 | 28.29 | 27.74 | 0.785 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.5 as stoploss in an intra day buy trade for a target of 27.42. However, stock will show a bearish move below 26.5.
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 | 26.39 |
| Downside Intraday Target | 26.16 |
| Upside Intraday Target | 26.94 |
| Upside Intraday Target | 27.26 |
| Upside Intraday Target | 26.71 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 26.61 | 27.00 | 27.04 | 26.49 | 0.33 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 |
| 22 Tue Oct 2024 | 26.61 | 26.36 | 29.40 | 26.29 | 0.627 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 27.23 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up 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 27.23 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.