MURPHY OIL CORP (MUR) Stock Technical Analysis
NYSE:MUR - New York Stock Exchange, Inc. - US6267171022 - Common Stock - Currency: USD
Overall MUR gets a technical rating of 1 out of 10. MUR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MUR is a bad performer in the overall market: 91% of all stocks are doing better.
MUR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 82% of 213 stocks in the same industry do better.
MUR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MUR is lagging the market.
In the last month MUR has a been trading in the 20.20 - 24.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
MUR has an average volume of 3380090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
MUR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 21.01, a Stop Loss order could be placed below this zone.
More info and screens
20.66
29.57
When analyzing the support we notice one important area.
- A support zone ranging from 20.87 to 21.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 7 important areas.
- Resistance @22.08 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.86 to 23.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.39 from a trend line in the weekly time frame.
- Resistance @25.36 from a trend line in the weekly time frame.
- Resistance @25.82 from a trend line in the daily time frame.
- Resistance @28.73 from a horizontal line in the daily time frame.
- Resistance @29.28 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for MUR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MUR is down. |
| ChartMill Relative Strength | 9.52 | NEGATIVE | MUR has a low relative strength, it was outperformed by 90.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MUR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MUR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.22 | NEUTRAL | The RSI value for MUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MUR has a positive trend. |
| Stochastics (14,3) | 26.89 | NEUTRAL | The Stochastics value for MUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for MUR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.17 | NEGATIVE | The low ADX value for MUR suggests a weak or negative trend. |
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)
21.25
+0.02 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.09%
1 Week1.53%
2 Weeks-7.53%
1 Month3.51%
3 Month-19.78%
6 Month-34.56%
12 Month-50.34%
2 Year-38.94%
3 Year-49.91%
5 Year77.82%
10 Year-51.1%
15 Year-60.19%
Volatility
ATR(14)0.83
ATR(20)%4.22%
ATR Inc-28.64%
Range Today0.66
ADR(20)0.78
ADR(20)%3.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.52
Mansfield-3.46
10 Day High22.56
10 Day Low20.31
20 Day High24.2
20 Day Low20.2
52 Week High43.02
52 Week Low18.95
CS1 End21.01
CR1 Start22.08
Volume & EV
DER(3)0.33%
DER(5)0.53%
Volume1.92M
Volume Incr-33.55%
Vol(5)1.98M
Vol(50)3.38M