(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 2024-04-17 View latest technical analysis
10 day averaged volume of Marathon Oil is 9537640
Date | Daily Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 27.68 | 28.32 | 28.57 | 27.67 | 1.281 times |
16 Tue Apr 2024 | 28.35 | 28.67 | 28.83 | 28.06 | 1.235 times |
15 Mon Apr 2024 | 28.77 | 29.12 | 29.33 | 28.68 | 0.938 times |
12 Fri Apr 2024 | 29.09 | 29.77 | 30.06 | 29.00 | 0.837 times |
11 Thu Apr 2024 | 29.46 | 29.81 | 29.81 | 29.05 | 0.885 times |
10 Wed Apr 2024 | 29.68 | 29.28 | 29.72 | 29.12 | 0.949 times |
09 Tue Apr 2024 | 29.28 | 29.60 | 29.75 | 29.10 | 1.039 times |
08 Mon Apr 2024 | 29.49 | 29.75 | 29.81 | 29.39 | 0.871 times |
05 Fri Apr 2024 | 29.69 | 29.61 | 29.78 | 29.30 | 1.158 times |
04 Thu Apr 2024 | 29.48 | 29.58 | 29.69 | 29.35 | 1.034 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 27.6 as stoploss in an intra day buy trade for a target of 28.51. However, stock will show a bearish move below 27.6.
Share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Target | 21.81 |
Downside Target | 23.14 |
Downside Target | 24.10 |
Downside Target | 24.61 |
Downside Target | 25.16 |
Downside Target | 25.93 |
Downside Target | 27.19 |
Upside Target | 28.39 |
Upside Target | 29.00 |
Upside Target | 29.33 |
Upside Target | 29.78 |
Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Intraday Target | 27.12 |
Downside Intraday Target | 26.57 |
Upside Intraday Target | 28.78 |
Upside Intraday Target | 29.89 |
Upside Intraday Target | 28.23 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Wed Apr 2024 | 27.68 | 29.12 | 29.33 | 27.67 | 0.754 times |
12 Fri Apr 2024 | 29.09 | 29.75 | 30.06 | 29.00 | 0.853 times |
05 Fri Apr 2024 | 29.69 | 28.46 | 29.78 | 28.16 | 1.254 times |
28 Thu Mar 2024 | 28.34 | 27.19 | 28.39 | 27.19 | 0.848 times |
22 Fri Mar 2024 | 27.10 | 26.55 | 27.40 | 26.29 | 0.795 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 |
17 Wed Apr 2024 | 27.68 | 28.46 | 30.06 | 27.67 | 0.63 times |
28 Thu Mar 2024 | 28.34 | 24.40 | 28.39 | 24.10 | 0.982 times |
29 Thu Feb 2024 | 24.25 | 22.99 | 24.61 | 22.06 | 0.986 times |
31 Wed Jan 2024 | 22.85 | 24.36 | 25.16 | 21.81 | 1.015 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 neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 29.04 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 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 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 neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 29.04 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.