MARATHON OIL CORP (MRO)

US5658491064 - Common Stock

29.09  +0.1 (+0.34%)

Premarket: 28.75 -0.34 (-1.17%)

Technical Rating and Analysis

5

Taking everything into account, MRO scores 5 out of 10 in our technical rating. MRO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, MRO is a bad performer in the overall market: 67% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MRO 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 MRO is lagging the market slightly.
In the last month MRO has a been trading in the 25.54 - 29.40 range, which is quite wide. It is currently trading near the high of this range.
MRO has an average volume of 5856770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MRO is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 54% of 209 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MRO Weekly chart
MRO Daily chart
Setup Rating and Analysis

3

MRO has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

21.73

29.99

7 important support areas can be observed.

  • A support zone ranging from 28.96 to 28.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 27.24 to 27.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.58 from a trend line in the weekly time frame.
  • A support zone ranging from 25.56 to 26.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.19 from a trend line in the weekly time frame.
  • Support @22.39 from a horizontal line in the weekly time frame.
  • Support @21.95 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 29.69 to 29.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.67
Mansfield-0.13
10 Day High29.4
10 Day Low25.81
20 Day High29.4
20 Day Low25.54
52 Week High30.06
52 Week Low21.81
Performance
1 Week9.24%
2 Weeks4.75%
1 Month9.24%
3 Month2.25%
6 Month0%
12 Month3.63%
2 Year-4.47%
3 Year78.25%
5 Year152.3%
10 Year-17.82%
15 Year-9.01%
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)
Technical Indicators
MACD(12,26,9)0.27
RSI(14)64.52
LBB25.81
UBB29.41
MRO Daily chart

MARATHON OIL CORP

NYSE:MRO (10/7/2024, 8:06:52 PM)

Premarket: 28.75 -0.34 (-1.17%)

29.09

+0.1 (+0.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.34%
1 Week9.24%
2 Weeks4.75%
1 Month9.24%
3 Month2.25%
6 Month0%
12 Month3.63%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.72
ATR(20)%2.33%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.4
10 Day Low25.81
20 Day High29.4
20 Day Low25.54
52 Week High30.06
52 Week Low21.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.74M
Volume Incr-13.07%
Vol(5)5.48M
Vol(50)5.86M