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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Marathon Oil Corporation (NYSE:MRO)

Bull Market Weakness (+75) - MRO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MRO as it may be in the beginning stages 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.

NYSE_MRO
Open High Low MRO Price Change
28.670 28.825 28.060 28.320 -0.450
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 up The intermediate-term trend has been UP since Feb 21st, 2024 at 23.58

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 +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.670 28.825 28.060 28.320 -0.450
Prev. Close Volume Bid Ask Time
28.770 10416727 2024-04-16 15:59:25
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 Volume9,641,650
Shares Outstanding577,197Short Interest8,854,264
% Institutional82.7Market Cap10,460M
Assets195,750,000MLiabilities837,000,000M
P/E Ratio11.2383Beta1.51
Volatility46.11
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