MURPHY OIL CORP (MUR) Stock Technical Analysis
NYSE:MUR - US6267171022 - Common Stock
24.06 USD
+1.45 (+6.41%)
24.06 USD
0 (0%)
We assign a technical rating of 0 out of 10 to MUR. MUR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MUR is a bad performer in the overall market: 86% of all stocks are doing better.
MUR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 76% of 208 stocks in the same industry do better.
MUR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MUR has a been trading in the 21.86 - 27.20 range, which is quite wide. It is currently trading near the lows of this range.
MUR has an average volume of 2504170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MUR has a poor technical rating and the quality of the setup is also not perfect 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
27.40
We found 2 important support areas.
- A support zone ranging from 22.13 to 22.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @20.87 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @24.87 from a trend line in the weekly time frame.
- Resistance @25.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 26.16 to 26.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.13 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for MUR is neutral. |
| ChartMill Relative Strength | 14.84 | NEGATIVE | MUR has a low relative strength, it was outperformed by 85.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MUR is above a declining 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) | 53.14 | NEUTRAL | The RSI value for MUR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MUR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.2 | NEUTRAL | The Stochastics value for MUR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MUR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | 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)
24.06
+1.45 (+6.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.41%
1 Week4.75%
2 Weeks3.39%
1 Month-7.92%
3 Month15.17%
6 Month-11.9%
12 Month-37.11%
2 Year-47%
3 Year-38.26%
5 Year75.11%
10 Year-22.39%
15 Year-55.08%
Volatility
ATR(14)0.97
ATR(20)%4.15%
ATR Inc34.62%
Range Today1.54
ADR(20)0.95
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.84
Mansfield-2.13
10 Day High24.16
10 Day Low21.86
20 Day High27.2
20 Day Low21.86
52 Week High39.46
52 Week Low18.95
CS1 End22.21
CR1 Start24.87
Volume & EV
DER(3)0.6%
DER(5)0.09%
Volume2.38M
Volume Incr-11.81%
Vol(5)2.06M
Vol(50)2.50M