Marathon Oil Corp (MRO) Stock Technical Analysis
NYSE:MRO - New York Stock Exchange, Inc. - US5658491064 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to MRO. In the last year, MRO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Both the short term and long term trends are positive. This is a very positive sign.
MRO is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 75% of 212 stocks in the same industry.
MRO is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so MRO slightly outperforms the market at the moment.
In the last month MRO has a been trading in the 25.62 - 29.37 range, which is quite wide. It is currently trading near the high of this range.
MRO has an average volume of 6265560 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, MRO outperforms 51% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MRO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 27.93, a Stop Loss order could be placed below this zone.
More info and screens
21.73
29.99
6 important support areas can be observed.
- A support zone ranging from 27.40 to 27.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.88 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 @23.34 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 28.67 to 28.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.5
Mansfield-0.35
10 Day High29.37
10 Day Low27.96
20 Day High29.37
20 Day Low25.62
52 Week High30.06
52 Week Low21.81
Performance
1 Week-1.04%
2 Weeks0%
1 Month8.14%
3 Month1.64%
6 Month11.7%
12 Month12.62%
2 Year-6.79%
3 Year84.31%
5 Year145.06%
10 Year-1.28%
15 Year-12.48%
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)0.07
RSI(14)56.13
LBB27.66
UBB29.37
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.97 | 27.95 | 1.02 (3.52%) | 25.00% |
| An entry @28.97. This is a Buy Stop order right above the resistance zone. | An exit @27.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.02 points, which is 3.52%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
28.55
-0.37 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.28%
1 Week-1.04%
2 Weeks0%
1 Month8.14%
3 Month1.64%
6 Month11.7%
12 Month12.62%
2 Year-6.79%
3 Year84.31%
5 Year145.06%
10 Year-1.28%
15 Year-12.48%
Volatility
ATR(14)0.61
ATR(20)%2.31%
ATR Inc-11.47%
Range Today0.94
ADR(20)0.57
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.5
Mansfield-0.35
10 Day High29.37
10 Day Low27.96
20 Day High29.37
20 Day Low25.62
52 Week High30.06
52 Week Low21.81
CS1 End27.93
CR1 Start28.67
Volume & EV
DER(3)0.03%
DER(5)0.74%
Volume37.03M
Volume Incr94.56%
Vol(5)11.08M
Vol(50)6.27M