(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 2024-02-14 View latest technical analysis
10 day averaged volume of Marathon Oil is 9497380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 22.39 | 22.52 | 22.67 | 22.21 | 0.855 times |
| 13 Tue Feb 2024 | 22.33 | 22.57 | 22.71 | 22.18 | 1.159 times |
| 12 Mon Feb 2024 | 22.65 | 22.52 | 22.99 | 22.48 | 1.397 times |
| 09 Fri Feb 2024 | 22.45 | 22.72 | 22.87 | 22.37 | 0.856 times |
| 08 Thu Feb 2024 | 22.70 | 22.72 | 22.89 | 22.35 | 1.394 times |
| 07 Wed Feb 2024 | 22.69 | 22.54 | 22.75 | 22.38 | 0.81 times |
| 06 Tue Feb 2024 | 22.53 | 22.43 | 22.80 | 22.30 | 0.735 times |
| 05 Mon Feb 2024 | 22.32 | 22.28 | 22.43 | 22.06 | 0.75 times |
| 02 Fri Feb 2024 | 22.46 | 22.67 | 22.73 | 22.30 | 0.909 times |
| 01 Thu Feb 2024 | 22.66 | 22.99 | 23.17 | 22.45 | 1.03 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 22.3 as stoploss in an intra day buy trade for a target of 22.64. However, stock will show a bearish move below 22.3.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Upside Target | 22.89 |
| Upside Target | 23.25 |
| Upside Target | 23.27 |
| Upside Target | 23.58 |
| Upside Target | 24.00 |
| Upside Target | 24.30 |
| Upside Target | 25.16 |
| Upside Target | 25.93 |
| Upside Target | 28.13 |
| Upside Target | 29.56 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 22.05 |
| Downside Intraday Target | 21.71 |
| Upside Intraday Target | 22.86 |
| Upside Intraday Target | 23.33 |
| Upside Intraday Target | 22.52 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Feb 2024 | 22.39 | 22.52 | 22.99 | 22.18 | 0.751 times |
| 09 Fri Feb 2024 | 22.45 | 22.28 | 22.89 | 22.06 | 0.963 times |
| 02 Fri Feb 2024 | 22.46 | 23.15 | 23.58 | 22.30 | 1.034 times |
| 26 Fri Jan 2024 | 23.21 | 22.19 | 23.25 | 22.04 | 1.091 times |
| 19 Fri Jan 2024 | 22.27 | 23.22 | 23.27 | 21.81 | 3.371 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 |
| 14 Wed Feb 2024 | 22.39 | 22.99 | 23.17 | 22.06 | 0.448 times |
| 31 Wed Jan 2024 | 22.85 | 24.36 | 25.16 | 21.81 | 1.015 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 |
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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
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
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 22.53 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
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
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 22.53 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.