(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 2024-08-20 View latest technical analysis
10 day averaged volume of Marathon Oil is 5218140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 27.79 | 28.26 | 28.31 | 27.53 | 1.338 times |
| 19 Mon Aug 2024 | 28.38 | 28.25 | 28.57 | 28.17 | 0.703 times |
| 16 Fri Aug 2024 | 28.16 | 27.88 | 28.23 | 27.84 | 0.677 times |
| 15 Thu Aug 2024 | 28.16 | 27.80 | 28.20 | 27.77 | 0.971 times |
| 14 Wed Aug 2024 | 27.65 | 27.47 | 27.81 | 27.41 | 1.199 times |
| 13 Tue Aug 2024 | 27.42 | 27.54 | 27.57 | 27.30 | 0.948 times |
| 12 Mon Aug 2024 | 27.86 | 27.45 | 27.91 | 27.39 | 1.15 times |
| 09 Fri Aug 2024 | 27.30 | 27.23 | 27.44 | 26.96 | 1.268 times |
| 08 Thu Aug 2024 | 27.27 | 27.19 | 27.38 | 26.88 | 0.94 times |
| 07 Wed Aug 2024 | 26.86 | 27.02 | 27.29 | 26.84 | 1.146 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.1 or till 28.7. Use a stoploss of 27.53 and if this stock hits its stoploss, then it can fall down till 26.99
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Upside Target | 28.23 |
| Upside Target | 28.33 |
| Upside Target | 28.57 |
| Upside Target | 28.69 |
| 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 | 27.36 |
| Downside Intraday Target | 26.92 |
| Upside Intraday Target | 28.4 |
| Upside Intraday Target | 29 |
| Upside Intraday Target | 27.96 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 27.79 | 28.25 | 28.57 | 27.53 | 0.413 times |
| 16 Fri Aug 2024 | 28.16 | 27.45 | 28.23 | 27.30 | 0.869 times |
| 09 Fri Aug 2024 | 27.30 | 26.00 | 27.44 | 25.74 | 0.976 times |
| 02 Fri Aug 2024 | 26.65 | 27.96 | 28.33 | 26.22 | 1.376 times |
| 26 Fri Jul 2024 | 27.87 | 28.69 | 28.69 | 27.63 | 0.864 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 |
| 20 Tue Aug 2024 | 27.79 | 28.22 | 28.57 | 25.74 | 0.651 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 |
| 31 Fri May 2024 | 28.96 | 26.74 | 29.35 | 25.49 | 1.317 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 27.64 and Marathon Oil (MRO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Marathon Oil ( (MRO) ) based on a short 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a short to mid 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
Marathon Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Marathon Oil in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 27.64 and Marathon Oil (MRO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.