MARATHON PETROLEUM CORP (MPC) Stock Technical Analysis
USA - NYSE:MPC - US56585A1025 - Common Stock
181.15 USD
-2.68 (-1.46%)
181.15 USD
0 (0%)
Taking everything into account, MPC scores 6 out of 10 in our technical rating. MPC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month MPC has a been trading in the 180.32 - 201.61 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
MPC is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. MPC outperforms 80% of them.
MPC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MPC is lagging the market slightly.
MPC has an average volume of 1806790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, MPC outperforms 69% of them, which is more or less in line with the market.
MPC has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
155.13
200.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 179.45 to 180.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 156.70 to 160.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @182.93 from a trend line in the weekly time frame.
- A resistance zone ranging from 197.89 to 198.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MPC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPC is neutral. |
| ChartMill Relative Strength | 69.38 | NEUTRAL | MPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.88 | NEUTRAL | The RSI value for MPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.88 | NEGATIVE | The MACD value suggests MPC has a negative trend. |
| Stochastics (14,3) | 10.29 | OVERSOLD | The low Stochastics value suggests MPC may be oversold. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MPC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.1 | POSITIVE | The high ADX value value for MPC suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
181.15
-2.68 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.46%
1 Week-3.42%
2 Weeks-5.77%
1 Month-2.1%
3 Month3.98%
6 Month41.83%
12 Month14.43%
2 Year19.77%
3 Year59.44%
5 Year514.07%
10 Year249.71%
15 YearN/A
Volatility
ATR(14)4.55
ATR(20)%2.47%
ATR Inc-8.69%
Range Today4.98
ADR(20)4.23
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.38
Mansfield0.5
10 Day High198.75
10 Day Low180.32
20 Day High201.61
20 Day Low180.32
52 Week High201.61
52 Week Low115.1
CS1 End180.73
CR1 Start182.93
Volume & EV
DER(3)-2.23%
DER(5)-1.2%
Volume1.19M
Volume Incr-23.89%
Vol(5)1.45M
Vol(50)1.81M