(MPC) Marathon Petroleum complete technical analysis [charts+indicators] | Buy/Sell Marathon Petroleum | (MPC) share price targets
Complete technical analysis of Marathon Petroleum (MPC) by charts plus indicators, forecast predictions and share price targets for Marathon Petroleum (MPC)
Marathon Petroleum trades in USA in Energy sector.
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Marathon Petroleum is 2592590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 173.21 | 170.35 | 174.33 | 170.35 | 1.066 times |
| 29 Thu Feb 2024 | 169.23 | 167.37 | 170.00 | 166.50 | 1.754 times |
| 28 Wed Feb 2024 | 167.16 | 170.74 | 171.57 | 166.37 | 1.005 times |
| 27 Tue Feb 2024 | 171.13 | 172.92 | 174.16 | 170.91 | 0.789 times |
| 26 Mon Feb 2024 | 172.44 | 169.63 | 175.29 | 169.03 | 1.055 times |
| 23 Fri Feb 2024 | 169.54 | 167.03 | 170.47 | 166.20 | 0.744 times |
| 22 Thu Feb 2024 | 167.75 | 165.12 | 167.98 | 163.66 | 0.988 times |
| 21 Wed Feb 2024 | 166.05 | 164.62 | 166.37 | 163.90 | 0.981 times |
| 20 Tue Feb 2024 | 164.29 | 168.66 | 168.81 | 163.62 | 1.117 times |
| 16 Fri Feb 2024 | 170.01 | 171.46 | 172.18 | 169.91 | 0.758 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 174, for a target of 171.4 or 169.21
Share price targets for Marathon Petroleum (MPC)
| Target Type | Value |
| Downside Target | 140.98 |
| Downside Target | 148.46 |
| Downside Target | 156.28 |
| Downside Target | 163.50 |
| Downside Target | 170.35 |
| Downside Target | 171.42 |
| Downside Target | 172.50 |
| Upside Target | 173.33 |
| Upside Target | 174.33 |
| Upside Target | 175.29 |
Intraday share price targets for Marathon Petroleum (MPC)
| Target Type | Value |
| Downside Intraday Target | 167.96 |
| Downside Intraday Target | 162.7 |
| Upside Intraday Target | 176.88 |
| Upside Intraday Target | 180.54 |
| Downside Intraday Target | 171.62 |
Weekly technical analysis of Marathon Petroleum (MPC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 173.21 | 169.63 | 175.29 | 166.37 | 1.48 times |
| 23 Fri Feb 2024 | 169.54 | 168.66 | 170.47 | 163.62 | 0.848 times |
| 16 Fri Feb 2024 | 170.01 | 170.56 | 172.50 | 166.84 | 0.964 times |
| 09 Fri Feb 2024 | 169.97 | 165.51 | 173.33 | 164.37 | 0.648 times |
| 02 Fri Feb 2024 | 166.33 | 160.55 | 171.42 | 158.50 | 1.412 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 Petroleum (MPC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 173.21 | 170.35 | 174.33 | 170.35 | 0.054 times |
| 29 Thu Feb 2024 | 169.23 | 166.44 | 175.29 | 163.50 | 0.741 times |
| 31 Wed Jan 2024 | 165.60 | 149.03 | 171.42 | 148.46 | 1.004 times |
| 29 Fri Dec 2023 | 148.36 | 148.78 | 156.28 | 140.98 | 1.127 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 Petroleum (MPC)
Price action analysis of Marathon Petroleum ( (MPC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Marathon Petroleum ( (MPC) ) 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 Petroleum ( (MPC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marathon Petroleum ( (MPC) ) 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 Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marathon Petroleum in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Petroleum 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 positive zone. This is a BUY zone
Stock of Marathon Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 169.01 and Marathon Petroleum (MPC) 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 Petroleum (MPC) stock. Volume based technical analysis of Marathon Petroleum (MPC) stock is negative.
Marathon Petroleum 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 Petroleum ( (MPC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Marathon Petroleum ( (MPC) ) 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 Petroleum ( (MPC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marathon Petroleum ( (MPC) ) 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 Petroleum stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Marathon Petroleum in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Petroleum 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 positive zone. This is a BUY zone
Stock of Marathon Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 169.01 and Marathon Petroleum (MPC) 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 Petroleum (MPC) stock. Volume based technical analysis of Marathon Petroleum (MPC) stock is negative.
Marathon Petroleum 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.