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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 2024-07-18 View latest technical analysis

10 day averaged volume of Marathon Petroleum is 2288754

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	164.52	167.00	168.25	164.03	1.229 times
17 Wed Jul 2024	165.56	168.00	172.48	164.17	1.289 times
16 Tue Jul 2024	167.67	165.53	167.99	163.78	0.993 times
15 Mon Jul 2024	166.71	166.82	168.66	166.07	0.961 times
12 Fri Jul 2024	165.46	165.38	165.67	162.11	0.986 times
11 Thu Jul 2024	164.29	161.64	165.95	161.14	0.967 times
10 Wed Jul 2024	162.18	162.01	163.80	161.24	1.074 times
09 Tue Jul 2024	162.92	164.00	166.60	162.82	1.621 times
08 Mon Jul 2024	167.47	169.34	171.78	166.74	0.829 times
05 Fri Jul 2024	170.74	174.13	174.52	169.69	0.694 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 165.4, but if it comes above 165.4, then a intra day buy could be more profitable.
If you take a sell trade below 165.4, then use 165.4 as stoploss and 159.9 as target. However if you take a buy trade in stock , then use 165.4 as stoploss and 169.95 as target.

Share price targets for Marathon Petroleum (MPC)

Target Type	Value
Downside Target	161.14
Upside Target	167.95
Upside Target	175.00
Upside Target	177.28
Upside Target	177.94
Upside Target	178.17
Upside Target	181.40
Upside Target	184.77
Upside Target	203.02
Upside Target	221.11

Intraday share price targets for Marathon Petroleum (MPC)

Target Type	Value
Downside Intraday Target	161.37
Downside Intraday Target	158.23
Upside Intraday Target	170.07
Upside Intraday Target	175.63
Upside Intraday Target	166.93

Weekly technical analysis of Marathon Petroleum (MPC)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	164.52	166.82	172.48	163.78	0.817 times
12 Fri Jul 2024	165.46	169.34	171.78	161.14	4.275 times
05 Fri Jul 2024	170.74	173.69	175.00	169.69	0.525 times
03 Wed Jul 2024	174.99	175.00	177.94	171.70	0.486 times
28 Fri Jun 2024	173.48	172.77	177.28	171.56	0.878 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 Thu Jul 2024	164.52	175.00	177.94	161.14	0.567 times
28 Fri Jun 2024	173.48	176.37	178.17	167.95	1.01 times
31 Fri May 2024	176.61	181.10	184.77	169.14	1.009 times
30 Tue Apr 2024	181.72	201.29	221.11	181.40	0.916 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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. Bears are getting stronger in this stock.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 165.36 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.