Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

Marathon Oil Corporation (NYSE:MRO)

Sidelines Mode (-55) - MRO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
29.110 29.370 28.430 28.555 -0.365
Entry Signal

MarketClub’s Trade Triangles for MRO

long term down The long-term trend has been DOWN since Sep 11th, 2024 at 25.74

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 27.98

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 28.61

Smart Scan Analysis for MRO

Based on our trend formula, MRO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MRO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.110 29.370 28.430 28.555 -0.365
Prev. Close Volume Bid Ask Time
28.550 12117192 2024-11-21 15:59:35
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High30.0652wk High Date2024-04-12
52wk Low21.8152wk Low Date2024-01-18
Year End Close30.66Average Volume7,523,954
Shares Outstanding559,410Short Interest8,854,264
% Institutional82.7Market Cap10,460M
Assets194,220,000MLiabilities798,700,000M
P/E Ratio12.2532Beta1.51
Volatility46.11
Get a free daily analysis and signals for Marathon Oil Corporation (MRO) - Request Your Free Report.