Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Marathon Oil Corporation (NYSE:MRO)

Sidelines Mode (+55) - MRO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
27.6500 27.7399 27.3950 27.5350 -0.2850
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 up The short-term trend has been UP since Apr 12th, 2024 at 29.81

Smart Scan Analysis for MRO

Based on our trend formula, MRO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.6500 27.7399 27.3950 27.5350 -0.2850
Prev. Close Volume Bid Ask Time
27.5300 5222143 2024-04-24 15:59:47
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High30.0652wk High Date2024-04-12
52wk Low21.6352wk Low Date2023-05-04
Year End Close30.66Average Volume9,694,907
Shares Outstanding577,197Short Interest8,854,264
% Institutional82.7Market Cap10,460M
Assets195,750,000MLiabilities837,000,000M
P/E Ratio10.8672Beta1.51
Volatility46.11
Get a free daily analysis and signals for Marathon Oil Corporation (MRO) - Request Your Free Report.