MURPHY OIL CORP (MUR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MUR - US6267171022 - Common Stock
32.5 USD
-0.46 (-1.4%)
32.5 USD
0 (0%)
Overall MUR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MUR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
MUR is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 209 stocks in the same industry.
MUR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MUR is lagging the market slightly.
In the last month MUR has a been trading in the 26.77 - 33.15 range, which is quite wide. It is currently trading near the high of this range.
MUR has an average volume of 2092160 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 MUR is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MUR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
23.96
33.30
We found 4 important support areas.
- A support zone ranging from 28.18 to 28.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.77 from a horizontal line in the daily time frame.
- Support @25.74 from a trend line in the weekly time frame.
- Support @24.20 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.51 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 84.42 | POSITIVE | MUR has a high relative strength, it outperformed 84.42% 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) | 64.35 | NEUTRAL | The RSI value for MUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MUR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.61 | OVERBOUGHT | The high Stochastics value suggests MUR may be overbought. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MUR suggests some volalility. |
| Average Directional Index/ADX (14) | 35.79 | 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)
32.5
-0.46 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.4%
1 Week3.34%
2 Weeks6.98%
1 Month22.32%
3 Month30.36%
6 Month44.44%
12 Month8.41%
2 Year-23.82%
3 Year-24.44%
5 Year168.6%
10 Year44.77%
15 Year-56.41%
Volatility
ATR(14)1.23
ATR(20)%3.89%
ATR Inc-6.97%
Range Today0.71
ADR(20)1.21
ADR(20)%3.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.42
3 months CRS92.25
6 months CRS89.52
Mansfield1.06
10 Day High33.15
10 Day Low29.68
20 Day High33.15
20 Day Low26.77
52 Week High34.52
52 Week Low18.95
CS1 End28.3
CR1 Start32.51
Volume & EV
DER(3)3%
DER(5)0.51%
Volume1.63M
Volume Incr-23.26%
Vol(5)1.67M
Vol(50)2.09M
MURPHY OIL CORP / MUR FAQ
What is the technical rating for MUR stock?
ChartMill assigns a technical rating of 9 / 10 to MUR.
Can you provide the trend direction for MURPHY OIL CORP?
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 64.3494. This indicates that the stock is currently neutral.
What is the short term momentum for MUR stock?
The short term momentum for MURPHY OIL CORP (MUR) is positive.
Can you provide the buy/sell signal for MURPHY OIL CORP?
The buy/sell signal for MURPHY OIL CORP (MUR) is buy as both the short term and long term trends are positive.