(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 2024-07-29 View latest technical analysis
10 day averaged volume of Marathon Oil is 4769287
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 27.45 | 27.96 | 27.99 | 27.24 | 0.96 times |
| 26 Fri Jul 2024 | 27.87 | 27.84 | 28.04 | 27.63 | 0.928 times |
| 25 Thu Jul 2024 | 27.89 | 27.80 | 28.22 | 27.74 | 1.196 times |
| 24 Wed Jul 2024 | 27.86 | 28.03 | 28.24 | 27.76 | 0.933 times |
| 23 Tue Jul 2024 | 27.84 | 28.12 | 28.17 | 27.69 | 0.784 times |
| 22 Mon Jul 2024 | 28.28 | 28.69 | 28.69 | 28.19 | 0.792 times |
| 19 Fri Jul 2024 | 28.72 | 29.33 | 29.37 | 28.71 | 0.806 times |
| 18 Thu Jul 2024 | 29.26 | 29.22 | 29.74 | 29.08 | 1.11 times |
| 17 Wed Jul 2024 | 29.11 | 28.99 | 29.49 | 28.99 | 1.452 times |
| 16 Tue Jul 2024 | 28.97 | 28.54 | 28.99 | 28.44 | 0.941 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 27.3, for a target of 27.9 or 28.38
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 24.10 |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Upside Target | 28.69 |
| Upside Target | 28.74 |
| Upside Target | 29.00 |
| Upside Target | 29.02 |
| Upside Target | 29.35 |
| Upside Target | 29.74 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.13 |
| Downside Intraday Target | 26.81 |
| Upside Intraday Target | 27.88 |
| Upside Intraday Target | 28.31 |
| Upside Intraday Target | 27.56 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Jul 2024 | 27.45 | 27.96 | 27.99 | 27.24 | 0.207 times |
| 26 Fri Jul 2024 | 27.87 | 28.69 | 28.69 | 27.63 | 0.864 times |
| 19 Fri Jul 2024 | 28.72 | 28.65 | 29.74 | 28.42 | 0.887 times |
| 12 Fri Jul 2024 | 28.45 | 28.11 | 28.74 | 27.71 | 2 times |
| 05 Fri Jul 2024 | 28.18 | 28.60 | 29.00 | 28.07 | 0.818 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 |
| 29 Mon Jul 2024 | 27.45 | 28.85 | 29.74 | 27.24 | 0.708 times |
| 28 Fri Jun 2024 | 28.67 | 29.00 | 29.02 | 27.06 | 0.617 times |
| 31 Fri May 2024 | 28.96 | 26.74 | 29.35 | 25.49 | 1.317 times |
| 30 Tue Apr 2024 | 26.85 | 28.46 | 30.06 | 26.79 | 0.969 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 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 coming down
CCI has generated a SELL signal for Marathon 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 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 28.37 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 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 coming down
CCI has generated a SELL signal for Marathon 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 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 28.37 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.