MURPHY OIL CORP (MUR) Stock Technical Analysis
NYSE:MUR - New York Stock Exchange, Inc. - US6267171022 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to MUR. In the past year, MUR was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than MUR.
MUR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 69% are performing better than MUR.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MUR has a been trading in the 22.26 - 26.68 range, which is quite wide. It is currently trading near the high of this range.
MUR has an average volume of 2861180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MUR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MUR is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MUR has an average technical rating and it also 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.
More info and screens
20.66
30.21
We found 2 important support areas.
- A support zone ranging from 22.16 to 23.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.87 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 26.45 to 26.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.91 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 | NEUTRAL | NEUTRAL | The long term trend for MUR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUR is up. |
| ChartMill Relative Strength | 18.97 | NEGATIVE | MUR has a low relative strength, it was outperformed by 81.03% 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) | DOWN | NEGATIVE | The current price of MUR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.41 | NEUTRAL | The RSI value for MUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests MUR has a positive trend. |
| Stochastics (14,3) | 92.51 | OVERBOUGHT | The high Stochastics value suggests MUR may be overbought. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MUR suggests some volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for MUR suggests a strong 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)
26.44
+0.22 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.84%
1 Week8.05%
2 Weeks14.36%
1 Month8.72%
3 Month26.69%
6 Month-20.43%
12 Month-36.1%
2 Year-38.9%
3 Year-24.76%
5 Year100.15%
10 Year-19.37%
15 Year-51.71%
Volatility
ATR(14)1.05
ATR(20)%3.86%
ATR Inc-1.16%
Range Today0.78
ADR(20)1
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.97
Mansfield-1.72
10 Day High26.69
10 Day Low22.26
20 Day High26.69
20 Day Low22.26
52 Week High43.02
52 Week Low18.95
CS1 End23.04
CR1 Start26.45
Volume & EV
DER(3)-0.31%
DER(5)0.6%
Volume1.82M
Volume Incr-15.64%
Vol(5)2.57M
Vol(50)2.86M