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Stock Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

Marathon Oil Corporation (NYSE:MRO)

Weak Downtrend (-65) - MRO is showing signs of a strengthening downtrend. Monitor MRO as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MRO?

MarketClub looks at technical strength and momentum to determine if the timing is right for MRO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MRO
Open High Low MRO Price Change
26.31 26.36 26.10 26.19 +0.06
Entry Signal

MarketClub’s Trade Triangles for MRO

long term up The long-term trend has been UP since Mar 13th, 2024 at 25.93

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 27.24

short term down The short-term trend has been DOWN since May 10th, 2024 at 26.76

Smart Scan Analysis for MRO

Based on our trend formula, MRO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26.31 26.36 26.10 26.19 +0.06
Prev. Close Volume Bid Ask Time
26.21 4614572 2024-05-17 15:59:11
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High30.0652wk High Date2024-04-12
52wk Low21.8152wk Low Date2024-01-18
Year End Close30.66Average Volume7,957,792
Shares Outstanding564,036Short Interest8,854,264
% Institutional82.7Market Cap10,460M
Assets196,680,000MLiabilities852,400,000M
P/E Ratio10.7975Beta1.51
Volatility46.11
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