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(MUR) Murphy Oil complete technical analysis [charts+indicators] | Buy/Sell Murphy Oil | (MUR) share price targets

Complete technical analysis of Murphy Oil (MUR) by charts plus indicators, forecast predictions and share price targets for Murphy Oil (MUR)

Murphy Oil trades in USA in Energy sector.

Showing technical analysis as on 2024-03-20 View latest technical analysis

10 day averaged volume of Murphy Oil is 2344820

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	44.70	44.48	45.01	44.21	0.653 times
19 Tue Mar 2024	44.78	43.62	44.83	43.57	0.618 times
18 Mon Mar 2024	43.62	43.51	43.73	43.09	0.913 times
15 Fri Mar 2024	43.38	43.26	43.92	43.08	1.347 times
14 Thu Mar 2024	43.40	43.43	43.69	43.14	0.755 times
13 Wed Mar 2024	43.30	42.56	43.86	42.45	1.379 times
12 Tue Mar 2024	42.14	41.93	42.33	41.71	0.978 times
11 Mon Mar 2024	42.01	40.94	42.04	40.73	0.938 times
08 Fri Mar 2024	41.12	40.82	41.50	40.77	1.02 times
07 Thu Mar 2024	40.80	39.40	41.01	39.24	1.332 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 45.5, for a target of 43.2 or 41.24

Share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Target	36.95
Downside Target	38.49
Downside Target	39.71
Downside Target	41.50
Downside Target	43.09
Downside Target	43.64
Downside Target	43.92
Upside Target	44.72
Upside Target	45.01
Upside Target	46.55

Intraday share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Intraday Target	43.52
Downside Intraday Target	42.35
Upside Intraday Target	45.44
Upside Intraday Target	46.19
Downside Intraday Target	44.27

Weekly technical analysis of Murphy Oil (MUR)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	44.70	43.51	45.01	43.09	0.405 times
15 Fri Mar 2024	43.38	40.94	43.92	40.73	1.042 times
08 Fri Mar 2024	41.12	40.28	41.50	38.54	1.504 times
01 Fri Mar 2024	40.45	39.15	40.60	38.90	1.314 times
23 Fri Feb 2024	39.39	39.01	39.92	38.49	0.842 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 Murphy Oil (MUR)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	44.70	40.11	45.01	38.54	1.02 times
29 Thu Feb 2024	39.67	39.01	40.33	37.10	0.612 times
31 Wed Jan 2024	38.70	43.01	43.64	36.95	1.483 times
29 Fri Dec 2023	42.66	42.67	44.72	39.71	1.019 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 Murphy Oil (MUR)

Price action analysis of Murphy Oil ( (MUR) ) 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 Murphy Oil ( (MUR) ) 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 Murphy Oil ( (MUR) ) 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 Murphy Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Murphy 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.

Murphy Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 buy signal for Murphy Oil in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Murphy 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 42.74 and Murphy Oil (MUR) 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 Murphy Oil (MUR) stock. Volume based technical analysis of Murphy Oil (MUR) stock is negative.

Murphy Oil Stock is giving positive 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.