(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 2024-01-19 View latest technical analysis
10 day averaged volume of Marathon Oil is 10219430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 22.27 | 22.06 | 22.28 | 21.90 | 0.95 times |
| 18 Thu Jan 2024 | 22.15 | 22.30 | 22.32 | 21.81 | 1.015 times |
| 17 Wed Jan 2024 | 22.32 | 22.29 | 22.56 | 22.19 | 0.816 times |
| 16 Tue Jan 2024 | 22.66 | 23.22 | 23.27 | 22.58 | 1.107 times |
| 12 Fri Jan 2024 | 23.40 | 23.40 | 23.52 | 23.19 | 1.154 times |
| 12 Fri Jan 2024 | 23.40 | 23.40 | 23.52 | 23.19 | 1.154 times |
| 11 Thu Jan 2024 | 22.94 | 22.94 | 23.08 | 22.74 | 0.806 times |
| 10 Wed Jan 2024 | 22.85 | 23.15 | 23.18 | 22.68 | 1.003 times |
| 09 Tue Jan 2024 | 23.21 | 23.76 | 23.79 | 23.07 | 0.743 times |
| 08 Mon Jan 2024 | 23.74 | 23.77 | 23.91 | 23.38 | 1.038 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.8, but if it comes above 22.8, then a intra day buy could be more profitable.
If you take a sell trade below 22.8, then use 22.8 as stoploss and 21.7 as target. However if you take a buy trade in stock , then use 22.8 as stoploss and 23.71 as target.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Upside Target | 22.68 |
| Upside Target | 23.14 |
| Upside Target | 24.53 |
| Upside Target | 25.16 |
| Upside Target | 25.73 |
| Upside Target | 25.93 |
| Upside Target | 27.68 |
| Upside Target | 28.13 |
| Upside Target | 29.56 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 21.63 |
| Downside Intraday Target | 20.99 |
| Upside Intraday Target | 23.09 |
| Upside Intraday Target | 23.91 |
| Upside Intraday Target | 22.45 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 22.27 | 23.22 | 23.27 | 21.81 | 3.371 times |
| 12 Fri Jan 2024 | 23.40 | 23.40 | 23.52 | 23.19 | 0.243 times |
| 12 Fri Jan 2024 | 23.40 | 23.77 | 23.91 | 22.68 | 1.218 times |
| 05 Fri Jan 2024 | 24.39 | 24.36 | 25.16 | 24.11 | 4.619 times |
| 29 Fri Dec 2023 | 24.16 | 24.46 | 24.53 | 24.07 | 0.274 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Marathon Oil (MRO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 22.27 | 24.36 | 25.16 | 21.81 | 0.677 times |
| 29 Fri Dec 2023 | 24.16 | 25.35 | 25.93 | 23.14 | 1.012 times |
| 30 Thu Nov 2023 | 25.43 | 27.45 | 28.13 | 24.30 | 0.879 times |
| 31 Tue Oct 2023 | 27.31 | 26.79 | 29.56 | 24.00 | 0.943 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 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 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 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 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 Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
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 22.91 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 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 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 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 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 Marathon Oil stock for short term is SELL. Signal strength is Strong and stock is gaining 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 moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
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 22.91 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.