(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 2024-08-23 View latest technical analysis
10 day averaged volume of Marathon Oil is 5501470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 28.09 | 27.89 | 28.11 | 27.81 | 0.72 times |
| 22 Thu Aug 2024 | 27.67 | 27.68 | 27.87 | 27.61 | 0.929 times |
| 21 Wed Aug 2024 | 27.63 | 27.92 | 28.00 | 27.47 | 1.242 times |
| 20 Tue Aug 2024 | 27.79 | 28.26 | 28.31 | 27.53 | 1.269 times |
| 19 Mon Aug 2024 | 28.38 | 28.25 | 28.57 | 28.17 | 0.666 times |
| 16 Fri Aug 2024 | 28.16 | 27.88 | 28.23 | 27.84 | 0.642 times |
| 15 Thu Aug 2024 | 28.16 | 27.80 | 28.20 | 27.77 | 0.921 times |
| 14 Wed Aug 2024 | 27.65 | 27.47 | 27.81 | 27.41 | 1.137 times |
| 13 Tue Aug 2024 | 27.42 | 27.54 | 27.57 | 27.30 | 0.899 times |
| 12 Mon Aug 2024 | 27.86 | 27.45 | 27.91 | 27.39 | 1.091 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 28.1 as stoploss in an intra day sell trade for a target of 27.52. However, stock will show a bullish move above 28.1.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 25.49 |
| Downside Target | 26.79 |
| Upside Target | 28.23 |
| Upside Target | 28.33 |
| Upside Target | 28.57 |
| Upside Target | 28.69 |
| Upside Target | 29.02 |
| Upside Target | 29.35 |
| Upside Target | 29.74 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 27.52 |
| Downside Intraday Target | 26.94 |
| Upside Intraday Target | 28.62 |
| Upside Intraday Target | 29.14 |
| Downside Intraday Target | 28.04 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 28.09 | 28.25 | 28.57 | 27.47 | 1.029 times |
| 16 Fri Aug 2024 | 28.16 | 27.45 | 28.23 | 27.30 | 0.869 times |
| 09 Fri Aug 2024 | 27.30 | 26.00 | 27.44 | 25.74 | 0.976 times |
| 02 Fri Aug 2024 | 26.65 | 27.96 | 28.33 | 26.22 | 1.376 times |
| 26 Fri Jul 2024 | 27.87 | 28.69 | 28.69 | 27.63 | 0.864 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 |
| 23 Fri Aug 2024 | 28.09 | 28.22 | 28.57 | 25.74 | 0.779 times |
| 31 Wed Jul 2024 | 28.05 | 28.85 | 29.74 | 27.24 | 0.777 times |
| 28 Fri Jun 2024 | 28.67 | 29.00 | 29.02 | 27.06 | 0.617 times |
| 31 Fri May 2024 | 28.96 | 26.74 | 29.35 | 25.49 | 1.317 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marathon Oil ( (MRO) ) 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.84 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Marathon Oil ( (MRO) ) 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Marathon Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Marathon Oil 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 red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 27.84 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.