Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MUR) Murphy Oil complete technical analysis [charts+indicators] | Buy/Sell Murphy Oil | (MUR) share price targets

Complete technical analysis of Murphy Oil (MUR) by charts plus indicators, forecast predictions and share price targets for Murphy Oil (MUR)

Murphy Oil trades in USA in Energy sector.

Showing technical analysis as on 2024-07-24 View latest technical analysis

10 day averaged volume of Murphy Oil is 1137514

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	39.79	40.72	40.92	39.77	1.089 times
23 Tue Jul 2024	40.36	40.58	40.69	39.99	1.013 times
22 Mon Jul 2024	40.83	41.38	41.66	40.78	0.709 times
19 Fri Jul 2024	41.66	41.91	41.92	41.16	0.899 times
18 Thu Jul 2024	41.98	41.93	42.84	41.79	1.048 times
17 Wed Jul 2024	42.07	42.17	43.02	42.02	1.627 times
16 Tue Jul 2024	41.88	42.18	42.48	41.72	1.537 times
15 Mon Jul 2024	42.32	41.88	42.75	41.46	1.06 times
12 Fri Jul 2024	41.38	41.75	41.80	41.18	0.706 times
11 Thu Jul 2024	41.27	40.49	41.47	40.24	0.9 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.3, but if it comes above 40.3, then a intra day buy could be more profitable.
If you take a sell trade below 40.3, then use 40.3 as stoploss and 39.4 as target. However if you take a buy trade in stock , then use 40.3 as stoploss and 41.05 as target.

Share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Target	38.11
Downside Target	39.65
Upside Target	41.75
Upside Target	41.80
Upside Target	42.70
Upside Target	43.02
Upside Target	44.57
Upside Target	45.31
Upside Target	45.84
Upside Target	49.14

Intraday share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Intraday Target	39.15
Downside Intraday Target	38.52
Upside Intraday Target	41.04
Upside Intraday Target	42.3
Upside Intraday Target	40.41

Weekly technical analysis of Murphy Oil (MUR)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	39.79	41.38	41.66	39.77	0.455 times
19 Fri Jul 2024	41.66	41.88	43.02	41.16	1.615 times
12 Fri Jul 2024	41.38	39.95	41.80	39.65	3.127 times
05 Fri Jul 2024	40.13	41.27	41.49	39.98	0.474 times
03 Wed Jul 2024	41.24	41.43	41.75	40.70	0.346 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 Murphy Oil (MUR)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	39.79	41.43	43.02	39.65	0.618 times
28 Fri Jun 2024	41.24	42.70	42.70	38.11	0.99 times
31 Fri May 2024	42.79	44.69	45.31	41.58	1.064 times
30 Tue Apr 2024	44.64	45.90	49.14	44.57	0.712 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 Murphy Oil (MUR)

Price action analysis of Murphy Oil ( (MUR) ) 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 Murphy Oil ( (MUR) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Murphy Oil ( (MUR) ) 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 Murphy Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Murphy Oil in short term and the sell signal is strong.

Murphy 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Murphy 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 Murphy 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 41.43 and Murphy Oil (MUR) 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 Murphy Oil (MUR) stock. Volume based technical analysis of Murphy Oil (MUR) stock is negative.

Murphy 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.