(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 9307680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 27.82 | 27.48 | 27.86 | 27.27 | 0.978 times |
| 22 Mon Apr 2024 | 27.65 | 27.29 | 27.90 | 26.95 | 0.822 times |
| 19 Fri Apr 2024 | 27.50 | 27.35 | 27.98 | 27.24 | 0.843 times |
| 18 Thu Apr 2024 | 27.40 | 27.77 | 27.86 | 27.33 | 0.993 times |
| 17 Wed Apr 2024 | 27.68 | 28.32 | 28.57 | 27.67 | 1.313 times |
| 16 Tue Apr 2024 | 28.35 | 28.67 | 28.83 | 28.06 | 1.265 times |
| 15 Mon Apr 2024 | 28.77 | 29.12 | 29.33 | 28.68 | 0.961 times |
| 12 Fri Apr 2024 | 29.09 | 29.77 | 30.06 | 29.00 | 0.858 times |
| 11 Thu Apr 2024 | 29.46 | 29.81 | 29.81 | 29.05 | 0.907 times |
| 10 Wed Apr 2024 | 29.68 | 29.28 | 29.72 | 29.12 | 0.973 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 27.8 as stoploss in an intra day buy trade for a target of 28.58. However, stock will show a bearish move below 27.8.
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 | 26.95 |
| Upside Target | 27.90 |
| 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 | 27.21 |
| Downside Intraday Target | 26.61 |
| Upside Intraday Target | 28.16 |
| Upside Intraday Target | 28.51 |
| Downside Intraday Target | 27.56 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 27.82 | 27.29 | 27.90 | 26.95 | 0.335 times |
| 19 Fri Apr 2024 | 27.50 | 29.12 | 29.33 | 27.24 | 1.145 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 |
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 |
| 23 Tue Apr 2024 | 27.82 | 28.46 | 30.06 | 26.95 | 0.797 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 28.32 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 28.32 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.