Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

Marathon Oil Corporation (NYSE:MRO)

Countertrend Up (+85) - MRO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
26.210 26.705 26.070 26.600 +0.440
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 up The intermediate-term trend has been UP since Jul 10th, 2023 at 23.75

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 26.64

Smart Scan Analysis for MRO

Based on our trend formula, MRO is rated as a +85 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
26.210 26.705 26.070 26.600 +0.440
Prev. Close Volume Bid Ask Time
26.160 9236436 2023-09-25 15:59:55
Year High24.2Year High Date2018-10-03
Year Low14.27Year Low Date2018-03-02
52wk High33.4252wk High Date2022-11-07
52wk Low20.5752wk Low Date2023-03-16
Year End Close30.66Average Volume10,565,036
Shares Outstanding605,687Short Interest8,854,264
% Institutional82.7Market Cap10,460M
P/E Ratio8.1242Beta1.51
Get a free daily analysis and signals for Marathon Oil Corporation (MRO) - Request Your Free Report.