Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Marathon Oil Corporation (NYSE:MRO)

Bear Market Rally (-75) - MRO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MRO as it may be in the beginning of a reversal.

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.

Open High Low MRO Price Change
22.40 22.78 22.30 22.60 +0.86
Entry Signal

MarketClub’s Trade Triangles for MRO

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 23.95

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2023 at 24.78

short term up The short-term trend has been UP since Mar 21st, 2023 at 22.03

Smart Scan Analysis for MRO

Based on our trend formula, MRO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.40 22.78 22.30 22.60 +0.86
Prev. Close Volume Bid Ask Time
21.74 2830996 2023-03-21 11:15:07
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High33.4252wk High Date2022-11-07
52wk Low19.4252wk Low Date2022-07-14
Year End Close30.66Average Volume11,039,317
Shares Outstanding629,654Short Interest8,854,264
% Institutional82.7Market Cap10,460M
P/E Ratio4.1331Beta1.51
Get a free daily analysis and signals for Marathon Oil Corporation (MRO) - Request Your Free Report.