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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 2024-10-21 View latest technical analysis

10 day averaged volume of Murphy Oil is 1512280

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	33.10	33.40	33.45	32.71	1.343 times
18 Fri Oct 2024	33.03	33.14	33.30	32.85	0.821 times
17 Thu Oct 2024	33.14	32.63	33.22	32.59	0.858 times
16 Wed Oct 2024	32.76	33.36	33.61	32.73	1.128 times
15 Tue Oct 2024	33.27	34.31	34.41	33.23	1.103 times
14 Mon Oct 2024	35.49	35.50	35.69	35.17	0.676 times
11 Fri Oct 2024	35.91	35.49	36.24	35.47	1.341 times
10 Thu Oct 2024	35.51	35.11	35.83	35.02	1.209 times
09 Wed Oct 2024	35.03	34.38	35.21	34.13	0.972 times
08 Tue Oct 2024	34.78	35.45	35.45	34.47	1.082 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.3, but if it comes above 33.3, then a intra day buy could be more profitable.
If you take a sell trade below 33.3, then use 33.3 as stoploss and 31.9 as target. However if you take a buy trade in stock , then use 33.3 as stoploss and 34.46 as target.

Share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Target	32.53
Upside Target	34.13
Upside Target	35.61
Upside Target	36.62
Upside Target	36.63
Upside Target	38.11
Upside Target	39.44
Upside Target	41.80
Upside Target	42.70
Upside Target	43.02

Intraday share price targets for Murphy Oil (MUR)

Target Type	Value
Downside Intraday Target	32.72
Downside Intraday Target	32.35
Upside Intraday Target	33.46
Upside Intraday Target	33.83
Downside Intraday Target	33.09

Weekly technical analysis of Murphy Oil (MUR)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	33.10	33.40	33.45	32.71	0.293 times
18 Fri Oct 2024	33.03	35.50	35.69	32.59	0.847 times
11 Fri Oct 2024	35.91	36.07	36.62	34.13	0.888 times
04 Fri Oct 2024	36.05	33.51	36.31	33.14	1.085 times
27 Fri Sep 2024	33.73	35.88	36.63	32.53	0.759 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
21 Mon Oct 2024	33.10	33.40	36.62	32.59	0.586 times
30 Mon Sep 2024	33.74	36.45	36.63	32.53	1.086 times
30 Fri Aug 2024	37.28	41.36	41.80	35.61	1.54 times
31 Wed Jul 2024	41.38	41.43	43.02	39.44	0.834 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 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 short to mid 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Murphy Oil in short term and the sell signal is strong.

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 moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Murphy 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 34.22 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.