(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 2024-03-05 View latest technical analysis
10 day averaged volume of Marathon Oil is 10901670
Date | Daily Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 24.24 | 24.17 | 24.59 | 24.10 | 1 times |
04 Mon Mar 2024 | 24.26 | 24.61 | 24.69 | 24.21 | 0.744 times |
01 Fri Mar 2024 | 24.60 | 24.40 | 24.71 | 24.29 | 0.806 times |
29 Thu Feb 2024 | 24.25 | 24.23 | 24.36 | 24.04 | 0.813 times |
28 Wed Feb 2024 | 24.12 | 24.25 | 24.61 | 24.02 | 1.137 times |
27 Tue Feb 2024 | 24.29 | 24.37 | 24.55 | 24.17 | 0.898 times |
26 Mon Feb 2024 | 24.15 | 23.68 | 24.26 | 23.59 | 1.062 times |
23 Fri Feb 2024 | 23.78 | 23.66 | 23.95 | 23.45 | 0.838 times |
22 Thu Feb 2024 | 23.98 | 23.37 | 24.40 | 23.12 | 1.648 times |
21 Wed Feb 2024 | 23.65 | 23.29 | 23.86 | 23.25 | 1.121 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.2, but if it comes below 24.2, then a intra day sell could be more profitable.
If you take a sell trade below 24.2, then use 24.2 as stoploss and 23.44 as target. However if you take a buy trade in stock , then use 24.2 as stoploss and 25.1 as target.
Share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Target | 21.81 |
Downside Target | 22.89 |
Downside Target | 24.10 |
Upside Target | 24.40 |
Upside Target | 24.61 |
Upside Target | 24.69 |
Upside Target | 24.71 |
Upside Target | 25.16 |
Upside Target | 25.93 |
Upside Target | 28.13 |
Intraday share price targets for Marathon Oil (MRO)
Target Type | Value |
Downside Intraday Target | 24 |
Downside Intraday Target | 23.75 |
Upside Intraday Target | 24.59 |
Upside Intraday Target | 24.93 |
Upside Intraday Target | 24.34 |
Weekly technical analysis of Marathon Oil (MRO)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 24.24 | 24.61 | 24.69 | 24.10 | 0.37 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 |
16 Fri Feb 2024 | 23.38 | 22.52 | 23.55 | 22.18 | 1.225 times |
09 Fri Feb 2024 | 22.45 | 22.28 | 22.89 | 22.06 | 0.963 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 Oil (MRO)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Tue Mar 2024 | 24.24 | 24.40 | 24.71 | 24.10 | 0.135 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 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Marathon 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 24.11 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 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 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 neutral. A longer time frame might give a better analysis.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Marathon 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 24.11 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.