(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 2024-11-12 View latest technical analysis
10 day averaged volume of Marathon Oil is 7125480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 28.32 | 28.70 | 28.83 | 28.26 | 0.88 times |
| 11 Mon Nov 2024 | 28.62 | 28.49 | 28.76 | 28.31 | 0.817 times |
| 08 Fri Nov 2024 | 28.50 | 28.45 | 28.57 | 28.20 | 0.74 times |
| 07 Thu Nov 2024 | 28.55 | 28.98 | 28.98 | 28.32 | 1.101 times |
| 06 Wed Nov 2024 | 28.80 | 28.35 | 29.10 | 28.15 | 1.249 times |
| 05 Tue Nov 2024 | 27.60 | 27.62 | 27.81 | 27.44 | 1.072 times |
| 04 Mon Nov 2024 | 27.51 | 27.52 | 27.83 | 27.48 | 0.894 times |
| 01 Fri Nov 2024 | 27.27 | 27.80 | 27.82 | 26.97 | 1.056 times |
| 31 Thu Oct 2024 | 27.70 | 26.82 | 27.98 | 26.69 | 1.855 times |
| 30 Wed Oct 2024 | 26.08 | 26.06 | 26.18 | 25.90 | 0.621 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.1, but if it comes below 28.1, then a intra day sell could be more profitable.
If you take a sell trade below 28.1, then use 28.1 as stoploss and 27.18 as target. However if you take a buy trade in stock , then use 28.1 as stoploss and 29.2 as target.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.54 |
| Downside Target | 27.98 |
| Downside Target | 28.23 |
| Downside Target | 28.26 |
| Upside Target | 28.83 |
| Upside Target | 29.05 |
| Upside Target | 29.10 |
| Upside Target | 29.40 |
| Upside Target | 29.74 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 28.11 |
| Downside Intraday Target | 27.9 |
| Upside Intraday Target | 28.68 |
| Upside Intraday Target | 29.04 |
| Upside Intraday Target | 28.47 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 28.32 | 28.49 | 28.83 | 28.26 | 0.336 times |
| 08 Fri Nov 2024 | 28.50 | 27.52 | 29.10 | 27.44 | 1.079 times |
| 01 Fri Nov 2024 | 27.27 | 25.72 | 27.98 | 25.62 | 1.781 times |
| 25 Fri Oct 2024 | 26.46 | 27.00 | 27.04 | 26.15 | 0.791 times |
| 18 Fri Oct 2024 | 26.72 | 27.83 | 27.98 | 26.50 | 0.862 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 |
| 12 Tue Nov 2024 | 28.32 | 27.80 | 29.10 | 26.97 | 0.482 times |
| 31 Thu Oct 2024 | 27.70 | 26.36 | 29.40 | 25.62 | 0.92 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 |
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 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 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 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 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 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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 27.94 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 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 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 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 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 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 tired and bears are picking up momentum.
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 BUY signal in short term and the buying is gaining 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 27.94 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.