Stock Trend Analysis Report
Prepared for you on Thursday, January 20, 2022.
Marathon Oil Corporation (NYSE:MRO)
Long-Term Uptrend (+90) - MRO is in a strong uptrend that is likely to continue. While MRO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for MRO
The long-term trend has been UP since Oct 4th, 2021 at 14.330
The intermediate-term trend has been UP since Dec 28th, 2021 at 16.575
The short-term trend has been UP since Jan 3rd, 2022 at 16.775
Smart Scan Analysis for MRO
Based on our trend formula, MRO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||24.2||Year High Date||2018-10-03|
|Year Low||14.27||Year Low Date||2018-03-02|
|52wk High||20.01||52wk High Date||2022-01-18|
|52wk Low||7.2||52wk Low Date||2021-02-01|
|Year End Close||30.66||Average Volume||17,018,478|
|Shares Outstanding||778,537||Short Interest||8,854,264|
|% Institutional||82.7||Market Cap||10,460M|