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.
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MarketClub’s Trade Triangles for MRO
The long-term trend has been DOWN since Mar 10th, 2023 at 23.95
The intermediate-term trend has been DOWN since Jan 24th, 2023 at 24.78
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).
| 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 High | 24.2 | Year High Date | 2018-10-03 |
| Year Low | 14.27 | Year Low Date | 2018-03-02 |
| 52wk High | 33.42 | 52wk High Date | 2022-11-07 |
| 52wk Low | 19.42 | 52wk Low Date | 2022-07-14 |
| Year End Close | 30.66 | Average Volume | 11,039,317 |
| Shares Outstanding | 629,654 | Short Interest | 8,854,264 |
| % Institutional | 82.7 | Market Cap | 10,460M |
| Assets | 199,400,000M | Liabilities | 854,300,000M |
| P/E Ratio | 4.1331 | Beta | 1.51 |
| Volatility | 46.11 |