MARATHON OIL CORP (MRO)

US5658491064 - Common Stock

27.635  -0.04 (-0.16%)

Technical Rating and Analysis

9

Taking everything into account, MRO scores 9 out of 10 in our technical rating. 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.

The long and short term trends are both positive. This is looking good!
MRO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRO is performing more or less in line with the market.
MRO has an average volume of 10236900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MRO is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MRO is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 66% of 213 stocks in the same industry.
In the last month MRO has a been trading in the 26.67 - 30.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 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

3 important support areas can be observed.

  • A support zone ranging from 25.56 to 25.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 22.39 to 22.59. 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.

2 important resistance areas can be observed.

  • A resistance zone ranging from 27.67 to 27.67. This zone is formed by a combination of multiple trend lines 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.
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
CRS84.81
Mansfield0.05
10 Day High30.06
10 Day Low27.67
20 Day High30.06
20 Day Low26.67
52 Week High30.06
52 Week Low21.63
Performance
1 Week-6.74%
2 Weeks-6.17%
1 Month2.52%
3 Month24.29%
6 Month-2.84%
12 Month14.9%
2 Year11.08%
3 Year145.83%
5 Year62.44%
10 Year-23.43%
15 Year-6.8%
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)-0.28
RSI(14)48.53
LBB27.84
UBB30.19
MRO Daily chart

MARATHON OIL CORP

NYSE:MRO (4/18/2024, 10:02:10 AM)

27.635

-0.04 (-0.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.16%
1 Week-6.74%
2 Weeks-6.17%
1 Month2.52%
3 Month24.29%
6 Month-2.84%
12 Month14.9%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.64
ATR(20)%2.14%
ATR Inc
Range Today0.26
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 Low27.67
20 Day High30.06
20 Day Low26.67
52 Week High30.06
52 Week Low21.63
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.33M
Volume Incr-6.12%
Vol(5)9.88M
Vol(50)10.24M