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(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 2024-10-18 View latest technical analysis

10 day averaged volume of Marathon Petroleum is 2413410

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	158.30	158.20	159.22	156.95	0.918 times
17 Thu Oct 2024	158.31	158.42	159.78	157.25	0.998 times
16 Wed Oct 2024	157.90	157.43	158.80	157.01	0.624 times
15 Tue Oct 2024	157.02	157.94	159.80	156.81	1.06 times
14 Mon Oct 2024	162.50	163.33	163.87	162.05	0.864 times
11 Fri Oct 2024	164.26	164.01	166.85	163.40	0.762 times
10 Thu Oct 2024	164.85	162.58	167.23	161.95	0.825 times
09 Wed Oct 2024	162.61	159.00	163.43	158.40	0.93 times
08 Tue Oct 2024	159.99	170.77	171.02	157.15	2.097 times
07 Mon Oct 2024	173.27	171.22	174.46	170.92	0.912 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 159, but if it comes above 159, then a intra day buy could be more profitable.
If you take a sell trade below 159, then use 159 as stoploss and 153.3 as target. However if you take a buy trade in stock , then use 159 as stoploss and 163.77 as target.

Share price targets for Marathon Petroleum (MPC)

Target Type	Value
Downside Target	156.81
Upside Target	167.95
Upside Target	168.05
Upside Target	168.57
Upside Target	174.46
Upside Target	176.77
Upside Target	177.64
Upside Target	178.17
Upside Target	182.36
Upside Target	183.31

Intraday share price targets for Marathon Petroleum (MPC)

Target Type	Value
Downside Intraday Target	155.45
Downside Intraday Target	152.6
Upside Intraday Target	162.51
Upside Intraday Target	166.72
Upside Intraday Target	159.66

Weekly technical analysis of Marathon Petroleum (MPC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	158.30	163.33	163.87	156.81	0.808 times
11 Fri Oct 2024	164.26	171.22	174.46	157.15	1.004 times
04 Fri Oct 2024	171.98	163.25	177.64	160.61	0.598 times
27 Fri Sep 2024	163.65	162.50	168.57	160.40	1.365 times
20 Fri Sep 2024	164.39	164.83	168.05	159.05	1.103 times

Price has moved down 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
18 Fri Oct 2024	158.30	160.70	177.64	156.81	0.526 times
30 Mon Sep 2024	162.91	174.53	176.77	157.22	1.234 times
30 Fri Aug 2024	177.12	177.34	182.36	157.50	1.07 times
31 Wed Jul 2024	177.02	175.00	183.31	161.14	0.915 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 Marathon Petroleum (MPC)

Price action analysis of Marathon Petroleum ( (MPC) ) 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 Marathon Petroleum ( (MPC) ) 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 Marathon Petroleum ( (MPC) ) 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 Marathon Petroleum stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Marathon Petroleum in short term and the sell signal is strong.

Marathon Petroleum 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 SELL signal for Marathon Petroleum in short term and SELL signal is strong!

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 Petroleum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 161.62 and Marathon Petroleum (MPC) 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 Marathon Petroleum (MPC) stock. Volume based technical analysis of Marathon Petroleum (MPC) stock is negative.

Marathon Petroleum 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.