(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.
10 day averaged volume of Marathon Oil is 9097130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 27.05 | 26.78 | 27.23 | 26.76 | 1.18 times |
| 06 Mon May 2024 | 26.71 | 26.57 | 27.03 | 26.51 | 1.123 times |
| 03 Fri May 2024 | 26.34 | 26.25 | 26.53 | 26.01 | 0.995 times |
| 02 Thu May 2024 | 26.09 | 26.46 | 27.04 | 26.02 | 1.77 times |
| 01 Wed May 2024 | 26.10 | 26.74 | 26.82 | 25.87 | 1.262 times |
| 30 Tue Apr 2024 | 26.85 | 27.75 | 27.80 | 26.79 | 1.068 times |
| 29 Mon Apr 2024 | 27.94 | 27.67 | 27.95 | 27.61 | 0.845 times |
| 26 Fri Apr 2024 | 27.77 | 27.63 | 27.94 | 27.51 | 0.646 times |
| 25 Thu Apr 2024 | 27.74 | 27.60 | 27.82 | 27.27 | 0.633 times |
| 24 Wed Apr 2024 | 27.53 | 27.65 | 27.74 | 27.40 | 0.657 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.7 as stoploss in an intra day buy trade for a target of 27.68. However, stock will show a bearish move below 26.7.
Share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Target | 21.81 |
| Downside Target | 24.10 |
| Downside Target | 24.61 |
| Downside Target | 25.16 |
| Downside Target | 25.87 |
| Downside Target | 26.51 |
| Upside Target | 27.94 |
| Upside Target | 27.95 |
| Upside Target | 28.39 |
| Upside Target | 29.00 |
| Upside Target | 29.33 |
| Upside Target | 30.06 |
Intraday share price targets for Marathon Oil (MRO)
| Target Type | Value |
| Downside Intraday Target | 26.63 |
| Downside Intraday Target | 26.21 |
| Upside Intraday Target | 27.35 |
| Upside Intraday Target | 27.65 |
| Downside Intraday Target | 26.93 |
Weekly technical analysis of Marathon Oil (MRO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 27.05 | 26.57 | 27.23 | 26.51 | 0.388 times |
| 03 Fri May 2024 | 26.34 | 27.67 | 27.95 | 25.87 | 1.573 times |
| 26 Fri Apr 2024 | 27.77 | 27.29 | 27.94 | 26.95 | 0.687 times |
| 19 Fri Apr 2024 | 27.50 | 29.12 | 29.33 | 27.24 | 1.145 times |
| 12 Fri Apr 2024 | 29.09 | 29.75 | 30.06 | 29.00 | 0.853 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 Oil (MRO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 27.05 | 26.74 | 27.23 | 25.87 | 0.293 times |
| 30 Tue Apr 2024 | 26.85 | 28.46 | 30.06 | 26.79 | 0.969 times |
| 28 Thu Mar 2024 | 28.34 | 24.40 | 28.39 | 24.10 | 0.982 times |
| 29 Thu Feb 2024 | 24.25 | 22.99 | 24.61 | 22.06 | 0.986 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Marathon Oil ( (MRO) ) 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 Oil ( (MRO) ) 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 Oil ( (MRO) ) 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 Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
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 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 26.83 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 falling down
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 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.
Price action analysis of Marathon Oil ( (MRO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Marathon Oil ( (MRO) ) 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 Oil ( (MRO) ) 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 Oil ( (MRO) ) 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 Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Marathon Oil in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Marathon Oil in short term but BUY signal is weak.
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 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 26.83 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 falling down
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 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.