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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

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.

Open High Low MRO Price Change
25.10 25.41 25.00 25.07 -0.37
Entry Signal

MarketClub’s Trade Triangles for MRO

long term up The long-term trend has been UP since Aug 4th, 2023 at 26.49

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 25.93

short term down The short-term trend has been DOWN since Dec 4th, 2023 at 25.10

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).

Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.10 25.41 25.00 25.07 -0.37
Prev. Close Volume Bid Ask Time
25.44 7413847 2023-12-04 15:59:52
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High32.5452wk High Date2023-01-24
52wk Low20.5752wk Low Date2023-03-16
Year End Close30.66Average Volume9,398,339
Shares Outstanding585,247Short Interest8,854,264
% Institutional82.7Market Cap10,460M
P/E Ratio9.2509Beta1.51
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