MURPHY OIL CORP (MUR) Technical Analysis
NYSE:MUR • US6267171022
Current stock price
36.81 USD
+2.09 (+6.02%)
At close:
36.86 USD
+0.05 (+0.14%)
After Hours:
MUR Technical Rating and Analysis
Overall MUR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MUR is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MUR is one of the better performing stocks in the market, outperforming 86% of all stocks.
- MUR is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MUR is leading the market.
- In the last month MUR has a been trading in the 30.29 - 36.90 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- MUR has an average volume of 2630640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MUR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 55% of 207 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.
MUR Weekly and Daily overview Charts
MUR Setup Rating and Analysis
Although MUR 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.
More info and screens
MUR Support and Resistance Analysis
29.62
37.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 33.08 to 33.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.45 to 31.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.92 from a horizontal line in the daily time frame.
MUR Technical Indicator Signal Analysis
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 MUR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUR is up. |
| ChartMill Relative Strength | 86.11 | POSITIVE | MUR has a high relative strength, it outperformed 86.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.93 | NEUTRAL | The RSI value for MUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests MUR has a positive trend. |
| Stochastics (14,3) | 79.74 | NEUTRAL | The Stochastics value for MUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for MUR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.33 | NEGATIVE | The low ADX value for MUR suggests a weak or negative trend. |
MUR Chart- and CandleStick Pattern Analysis
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)
MUR Technicals: Chart, Performance Metrics, Trend & Indicators
36.81
+2.09 (+6.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.02%
1 Week6.54%
2 Weeks11.04%
1 Month11.88%
3 Month10.31%
6 Month42.62%
12 Month41.36%
2 Year-19.45%
3 Year-0.46%
5 Year124.31%
10 Year46.13%
15 Year-49.86%
Volatility
ATR(14)1.73
ATR(20)%4.54%
ATR Inc35.66%
Range Today2.83
ADR(20)1.51
ADR(20)%4.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.11
3 months CRS86.25
6 months CRS93.31
Mansfield2.95
10 Day High36.9
10 Day Low32.39
20 Day High36.9
20 Day Low30.29
52 Week High36.9
52 Week Low18.95
CS1 End33.6
CR1 StartN/A
Volume & EV
DER(3)7.59%
DER(5)4.8%
Volume6.36M
Volume Incr84.4%
Vol(5)3.75M
Vol(50)2.63M
MURPHY OIL CORP / MUR TA FAQ
What is the technical rating for MUR stock?
ChartMill assigns a technical rating of 10 / 10 to MUR.
What is the trend direction for MUR stock?
The current trend direction for MURPHY OIL CORP (MUR) is Bullish.
Can you provide the RSI signal for MURPHY OIL CORP?
MURPHY OIL CORP (MUR) has an RSI value of 63.9291. This indicates that the stock is currently neutral.
What is the MACD signal for MUR stock?
The MACD indicator for MURPHY OIL CORP (MUR) has a value of 0.196118, indicating a bearish trend.
What is the short term momentum for MUR stock?
The short term momentum for MURPHY OIL CORP (MUR) is positive.