(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 2024-06-12 View latest technical analysis
10 day averaged volume of Murphy Oil is 1341120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 40.34 | 41.24 | 41.36 | 40.09 | 1.263 times |
| 11 Tue Jun 2024 | 40.65 | 40.25 | 40.66 | 39.94 | 0.753 times |
| 10 Mon Jun 2024 | 40.44 | 39.66 | 40.71 | 39.66 | 1.075 times |
| 07 Fri Jun 2024 | 39.67 | 39.80 | 40.22 | 39.54 | 0.827 times |
| 06 Thu Jun 2024 | 40.02 | 39.78 | 40.11 | 39.69 | 0.727 times |
| 05 Wed Jun 2024 | 39.84 | 40.09 | 40.13 | 39.75 | 0.938 times |
| 04 Tue Jun 2024 | 39.98 | 40.11 | 40.28 | 39.66 | 1.034 times |
| 03 Mon Jun 2024 | 40.66 | 42.70 | 42.70 | 40.44 | 1.13 times |
| 31 Fri May 2024 | 42.79 | 42.09 | 42.91 | 42.00 | 1.416 times |
| 30 Thu May 2024 | 41.89 | 41.87 | 42.50 | 41.78 | 0.998 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 40.3 as stoploss in an intra day buy trade for a target of 41.63. However, stock will show a bearish move below 40.3.
Share price targets for Murphy Oil (MUR)
| Target Type | Value |
| Downside Target | 37.10 |
| Downside Target | 38.54 |
| Downside Target | 39.54 |
| Upside Target | 41.36 |
| Upside Target | 42.70 |
| Upside Target | 42.91 |
| Upside Target | 43.44 |
| Upside Target | 44.57 |
| Upside Target | 44.73 |
| Upside Target | 45.31 |
| Upside Target | 45.84 |
| Upside Target | 49.14 |
Intraday share price targets for Murphy Oil (MUR)
| Target Type | Value |
| Downside Intraday Target | 39.55 |
| Downside Intraday Target | 38.75 |
| Upside Intraday Target | 41.25 |
| Upside Intraday Target | 42.15 |
| Upside Intraday Target | 40.45 |
Weekly technical analysis of Murphy Oil (MUR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 40.34 | 39.66 | 41.36 | 39.66 | 0.664 times |
| 07 Fri Jun 2024 | 39.67 | 42.70 | 42.70 | 39.54 | 1.006 times |
| 31 Fri May 2024 | 42.79 | 42.31 | 42.91 | 41.58 | 0.814 times |
| 24 Fri May 2024 | 41.99 | 43.12 | 43.44 | 41.58 | 1.33 times |
| 17 Fri May 2024 | 43.08 | 44.51 | 44.73 | 42.89 | 0.949 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 |
| 12 Wed Jun 2024 | 40.34 | 42.70 | 42.70 | 39.54 | 0.337 times |
| 31 Fri May 2024 | 42.79 | 44.69 | 45.31 | 41.58 | 1.064 times |
| 30 Tue Apr 2024 | 44.64 | 45.90 | 49.14 | 44.57 | 0.712 times |
| 28 Thu Mar 2024 | 45.70 | 40.11 | 45.84 | 38.54 | 1.306 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Murphy Oil ( (MUR) ) 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 Murphy Oil ( (MUR) ) 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 Murphy Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Murphy Oil in short term and the sell 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 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 buy signal for Murphy Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 40.74 and Murphy Oil (MUR) 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 Murphy Oil (MUR) stock. Volume based technical analysis of Murphy Oil (MUR) stock is negative.
Murphy Oil Stock has given negative 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Murphy Oil ( (MUR) ) 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 Murphy Oil ( (MUR) ) 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 Murphy Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Murphy Oil in short term and the sell 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 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 buy signal for Murphy Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 40.74 and Murphy Oil (MUR) 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 Murphy Oil (MUR) stock. Volume based technical analysis of Murphy Oil (MUR) stock is negative.
Murphy Oil Stock has given negative 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.