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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MRO
The long-term trend has been UP since Aug 4th, 2023 at 26.49
The intermediate-term trend has been UP since Jul 10th, 2023 at 23.75
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).
| 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 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 | 20.57 | 52wk Low Date | 2023-03-16 |
| Year End Close | 30.66 | Average Volume | 10,565,036 |
| Shares Outstanding | 605,687 | Short Interest | 8,854,264 |
| % Institutional | 82.7 | Market Cap | 10,460M |
| Assets | 199,190,000M | Liabilities | 867,500,000M |
| P/E Ratio | 8.1242 | Beta | 1.51 |
| Volatility | 46.11 |