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(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.

10 day averaged volume of Marathon Oil is 6914030

Date Daily Closing Price Open High Low Volume
27 Fri Sep 2024 26.48 26.00 26.54 25.97 0.622 times
26 Thu Sep 2024 25.87 26.11 26.35 25.81 1.253 times
25 Wed Sep 2024 26.74 27.50 27.56 26.74 0.767 times
24 Tue Sep 2024 27.58 28.21 28.23 27.57 0.573 times
23 Mon Sep 2024 27.77 27.93 28.06 27.24 0.94 times
20 Fri Sep 2024 27.93 27.99 28.18 27.71 2.204 times
19 Thu Sep 2024 27.89 27.89 28.12 27.63 0.975 times
18 Wed Sep 2024 27.43 27.17 27.79 27.17 0.999 times
17 Tue Sep 2024 27.36 26.62 27.41 26.61 0.768 times
16 Mon Sep 2024 26.66 26.40 26.72 26.35 0.899 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 26.2 as stoploss in an intra day buy trade for a target of 27. However, stock will show a bearish move below 26.2.

Share price targets for Marathon Oil (MRO)

Target Type Value
Downside Target 25.49
Downside Target 26.35
Upside Target 28.18
Upside Target 28.23
Upside Target 28.33
Upside Target 28.74
Upside Target 29.02
Upside Target 29.05
Upside Target 29.35
Upside Target 29.74

Intraday share price targets for Marathon Oil (MRO)

Target Type Value
Downside Intraday Target 25.45
Downside Intraday Target 24.42
Upside Intraday Target 27.87
Upside Intraday Target 29.26
Upside Intraday Target 26.84

Weekly technical analysis of Marathon Oil (MRO)

Date Weekly Closing Price Open High Low Volume
27 Fri Sep 2024 26.48 27.93 28.23 25.81 0.711 times
20 Fri Sep 2024 27.93 26.40 28.18 26.35 1.455 times
13 Fri Sep 2024 26.13 26.73 26.91 25.54 1.154 times
06 Fri Sep 2024 26.72 28.12 28.20 26.65 3.28 times
30 Fri Aug 2024 28.65 28.48 28.74 28.33 0.272 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
27 Fri Sep 2024 26.48 28.12 28.23 25.54 0.923 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
28 Fri Jun 2024 28.67 29.00 29.02 27.06 0.617 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 buy signal for Marathon Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 27.24 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 buy signal for Marathon Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 27.24 and Marathon Oil (MRO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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