Technical Analysis for MPC - Marathon Petroleum Corporation

Grade Last Price % Change Price Change
A 59.37 3.61% 2.07
MPC closed up 3.61 percent on Wednesday, May 5, 2021, on 1.21 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical MPC trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Earnings Movers Other 3.61%
Outside Day Range Expansion 3.61%
Older End-of-Day Signals for MPC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 3% about 13 hours ago
Up 1 ATR about 13 hours ago
60 Minute Opening Range Breakout about 13 hours ago
2x Volume Pace about 14 hours ago
1.5x Volume Pace about 14 hours ago
View Earlier Intraday Alerts

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Profile

Marathon Petroleum Corporation Description

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. The company owns and operates seven refineries in the Gulf Coast and Midwest regions of the United States, which refine crude oil and other feedstocks; and distribute refined products through barges, terminals, and trucks, as well as purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feedstocks and special products, heavy fuel oil, and asphalt. The company also transports crude oil and other feedstocks to its refineries and other locations; and sells transportation fuels and convenience products in the retail market through Speedway convenience stores. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded jobbers, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of March 31, 2013, it owned, leased, and had ownership interests in approximately 8,300 miles of crude oil and refined product pipelines; and operated approximately 5,000 Marathon branded retail outlets and 1,463 Speedway convenience stores in the United States. The company is headquartered in Findlay, Ohio. Marathon Petroleum Corporation operates independently of Marathon Oil Corporation as of July 1, 2011.


Classification

Sector: Energy
Industry: Oil & Gas Refining & Marketing
Keywords: Petroleum Industry Crude Oil Petroleum Petroleum Products Propane Retail Outlets Refined Products Barge Pipeline Transport Fuel Oil Transportation Segment Pipeline Transportation Western Refining Transportation Fuels Transports Crude Oil Jobber Convenience Products Sunoco Heavy Fuel Oil Marathon Petroleum Marathon Oil

Is MPC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 59.93
52 Week Low 26.56
Average Volume 5,200,233
200-Day Moving Average 42.31
50-Day Moving Average 54.86
20-Day Moving Average 54.25
10-Day Moving Average 55.32
Average True Range 1.78
ADX 16.27
+DI 28.38
-DI 15.85
Chandelier Exit (Long, 3 ATRs ) 54.04
Chandelier Exit (Short, 3 ATRs ) 56.64
Upper Bollinger Band 58.11
Lower Bollinger Band 50.39
Percent B (%b) 1.16
BandWidth 14.23
MACD Line 0.98
MACD Signal Line 0.37
MACD Histogram 0.6087
Fundamentals Value
Market Cap 38.63 Billion
Num Shares 651 Million
EPS 4.64
Price-to-Earnings (P/E) Ratio 12.80
Price-to-Sales 0.29
Price-to-Book 1.20
PEG Ratio 15.65
Dividend 2.32
Dividend Yield 3.91%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.53
Resistance 3 (R3) 60.40 59.90 60.33
Resistance 2 (R2) 59.90 59.60 59.96 60.27
Resistance 1 (R1) 59.63 59.42 59.77 59.76 60.20
Pivot Point 59.13 59.13 59.19 59.19 59.13
Support 1 (S1) 58.86 58.83 59.00 58.99 58.54
Support 2 (S2) 58.36 58.65 58.42 58.47
Support 3 (S3) 58.09 58.36 58.41
Support 4 (S4) 58.22