(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 2024-03-22 View latest technical analysis
10 day averaged volume of Marathon Oil is 10851930
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 27.10 | 27.23 | 27.32 | 26.95 | 0.877 times |
21 Thu Mar 2024 | 27.20 | 27.18 | 27.40 | 27.04 | 0.942 times |
20 Wed Mar 2024 | 27.10 | 26.69 | 27.29 | 26.67 | 0.868 times |
19 Tue Mar 2024 | 27.00 | 26.61 | 27.11 | 26.56 | 0.923 times |
18 Mon Mar 2024 | 26.59 | 26.55 | 26.70 | 26.29 | 0.828 times |
15 Fri Mar 2024 | 26.51 | 26.23 | 26.70 | 26.21 | 1.978 times |
14 Thu Mar 2024 | 26.26 | 26.04 | 26.29 | 25.98 | 1.02 times |
13 Wed Mar 2024 | 25.90 | 25.55 | 26.00 | 25.55 | 0.953 times |
12 Tue Mar 2024 | 25.13 | 24.96 | 25.19 | 24.76 | 0.885 times |
11 Mon Mar 2024 | 24.99 | 24.60 | 25.03 | 24.42 | 0.746 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26.5, but if it comes below 26.5, then a intra day sell could be more profitable.
If you take a sell trade below 26.5, then use 26.5 as stoploss and 25.38 as target. However if you take a buy trade in stock , then use 26.5 as stoploss and 27.9 as target.
Share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Target | 21.81 |
Downside Target | 23.05 |
Downside Target | 24.10 |
Downside Target | 24.86 |
Downside Target | 25.16 |
Downside Target | 25.93 |
Downside Target | 26.29 |
Downside Target | 26.70 |
Upside Target | 27.40 |
Upside Target | 28.13 |
Intraday share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Intraday Target | 26.46 |
Downside Intraday Target | 25.82 |
Upside Intraday Target | 27.57 |
Upside Intraday Target | 28.04 |
Downside Intraday Target | 26.93 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 27.10 | 26.55 | 27.40 | 26.29 | 0.795 times |
15 Fri Mar 2024 | 26.51 | 24.60 | 26.70 | 24.42 | 1.359 times |
08 Fri Mar 2024 | 24.74 | 24.61 | 24.86 | 24.10 | 0.867 times |
01 Fri Mar 2024 | 24.60 | 23.68 | 24.71 | 23.59 | 1.039 times |
23 Fri Feb 2024 | 23.78 | 23.25 | 24.40 | 23.05 | 0.936 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 |
22 Fri Mar 2024 | 27.10 | 24.40 | 27.40 | 24.10 | 0.785 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 |
29 Fri Dec 2023 | 24.16 | 25.35 | 25.93 | 23.14 | 1.012 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 26.41 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 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 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 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 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 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 BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 26.41 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.