MARATHON OIL CORP (MRO)

US5658491064 - Common Stock

27.65  +0.15 (+0.55%)

After market: 27.65 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to MRO. Both in the recent history as in the last year, MRO has proven to be a steady performer, scoring decent points in every aspect analyzed.

In the last month MRO has a been trading in the 26.94 - 30.06 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 may just continue or reversal may be around the corner!
MRO has an average volume of 10167800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MRO did better than 82% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MRO is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, MRO did better than 61% of them.
MRO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRO is lagging the market slightly.
Weekly and Daily overview Charts
MRO Weekly chart
MRO Daily chart
Setup Rating and Analysis

2

Although MRO has an excellent technical rating, it does not present a decent entry opportunity 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

4 important support areas can be observed.

  • A support zone ranging from 27.40 to 27.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @25.56 from a horizontal line in the daily time frame.
  • A support zone ranging from 22.39 to 22.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @21.95 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 29.56 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
CRS82.54
Mansfield0.06
10 Day High30.06
10 Day Low26.94
20 Day High30.06
20 Day Low26.94
52 Week High30.06
52 Week Low21.63
Performance
1 Week-3.89%
2 Weeks-6.24%
1 Month2.03%
3 Month19.13%
6 Month0.62%
12 Month14.45%
2 Year10.96%
3 Year145.56%
5 Year62.27%
10 Year-23.51%
15 Year-6.9%
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)-0.37
RSI(14)48.72
LBB27.08
UBB30.49
MRO Daily chart

MARATHON OIL CORP

NYSE:MRO (4/22/2024, 4:21:56 PM)

After market: 27.65 0 (0%)

27.65

+0.15 (+0.55%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.55%
1 Week-3.89%
2 Weeks-6.24%
1 Month2.03%
3 Month19.13%
6 Month0.62%
12 Month14.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.68
ATR(20)%2.3%
ATR Inc
Range Today0.96
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 High30.06
10 Day Low26.94
20 Day High30.06
20 Day Low26.94
52 Week High30.06
52 Week Low21.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.65M
Volume Incr0.47%
Vol(5)9.69M
Vol(50)10.17M