(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 2024-08-27 View latest technical analysis
10 day averaged volume of Marathon Oil is 5222620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 28.33 | 28.55 | 28.67 | 28.26 | 0.955 times |
| 26 Mon Aug 2024 | 28.60 | 28.57 | 28.99 | 28.48 | 1.123 times |
| 23 Fri Aug 2024 | 28.09 | 27.89 | 28.11 | 27.81 | 0.759 times |
| 22 Thu Aug 2024 | 27.67 | 27.68 | 27.87 | 27.61 | 0.979 times |
| 21 Wed Aug 2024 | 27.63 | 27.92 | 28.00 | 27.47 | 1.309 times |
| 20 Tue Aug 2024 | 27.79 | 28.26 | 28.31 | 27.53 | 1.337 times |
| 19 Mon Aug 2024 | 28.38 | 28.25 | 28.57 | 28.17 | 0.702 times |
| 16 Fri Aug 2024 | 28.16 | 27.88 | 28.23 | 27.84 | 0.676 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 | 1.198 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.2, but if it comes below 28.2, then a intra day sell could be more profitable.
If you take a sell trade below 28.2, then use 28.2 as stoploss and 27.61 as target. However if you take a buy trade in stock , then use 28.2 as stoploss and 29 as target.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Downside Target | 28.23 |
| Downside Target | 28.33 |
| Upside Target | 28.57 |
| Upside Target | 28.99 |
| 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 | 28.06 |
| Downside Intraday Target | 27.8 |
| Upside Intraday Target | 28.79 |
| Upside Intraday Target | 29.26 |
| Upside Intraday Target | 28.53 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 28.33 | 28.57 | 28.99 | 28.26 | 0.409 times |
| 23 Fri Aug 2024 | 28.09 | 28.25 | 28.57 | 27.47 | 1.029 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 |
Price has moved up 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 Tue Aug 2024 | 28.33 | 28.22 | 28.99 | 25.74 | 0.867 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 up 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 but selling 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 28.01 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Marathon Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 but selling 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 28.01 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.