Technical Analysis for MRO - Marathon Oil Corporation

Grade Last Price % Change Price Change
A 29.32 1.38% 0.40
MRO closed up 0.59 percent on Wednesday, November 20, 2024, on 58 percent of 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) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Cup with Handle Other 1.38%
NR7 Range Contraction 1.38%
Inside Day Range Contraction 1.38%
Overbought Stochastic Strength 1.38%
Stochastic Sell Signal Bearish 1.98%
Cup with Handle Other 1.98%
Overbought Stochastic Strength 1.98%
Gapped Down Weakness 1.98%
Cup with Handle Other 1.14%
Gapped Up Strength 1.14%

   Recent Intraday Alerts

Alert Time
Up 1% 12 minutes ago
Rose Above Previous Day's High 38 minutes ago
Possible NR7 about 21 hours ago
Possible Inside Day about 21 hours ago
60 Minute Opening Range Breakdown about 23 hours ago

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Profile

Marathon Oil Corporation Description

Marathon Oil Corporation operates as an energy company worldwide. The company's Exploration and Production segment explores for, produces, and markets liquid hydrocarbons and natural gas in the United States, Angola, Canada, Equatorial Guinea, Ethiopia, Gabon, Kurdistan Region of Iraq, Libya, Norway, Poland, and the United Kingdom. Its Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta, Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2012, this segment had rights to participate in developed and undeveloped leases totaling approximately 43,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: S&P 500 Natural Gas Petroleum Industry Petroleum Vacuum Oil Sands Asphalt Hydrocarbons Canadian Natural Resources Gas Oil Synthetic Crude Synthetic Crude Oil Marathon Oil Peak Oil

Is MRO 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 29.7033
52 Week Low 21.4498
Average Volume 5,608,495
200-Day Moving Average 26.98
50-Day Moving Average 27.43
20-Day Moving Average 27.74
10-Day Moving Average 28.61
Average True Range 0.59
RSI (14) 62.26
ADX 24.37
+DI 27.06
-DI 14.76
Chandelier Exit (Long, 3 ATRs) 27.35
Chandelier Exit (Short, 3 ATRs) 27.30
Upper Bollinger Bands 29.90
Lower Bollinger Band 25.58
Percent B (%b) 0.77
BandWidth 15.58
MACD Line 0.48
MACD Signal Line 0.36
MACD Histogram 0.1221
Fundamentals Value
Market Cap 16.93 Billion
Num Shares 585 Million
EPS 2.75
Price-to-Earnings (P/E) Ratio 10.52
Price-to-Sales 2.06
Price-to-Book 1.17
PEG Ratio 1.10
Dividend 0.41
Dividend Yield 1.42%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.41
Resistance 3 (R3) 29.39 29.19 29.33
Resistance 2 (R2) 29.19 29.07 29.21 29.30
Resistance 1 (R1) 29.06 28.99 29.12 29.08 29.28
Pivot Point 28.86 28.86 28.90 28.88 28.86
Support 1 (S1) 28.73 28.74 28.80 28.76 28.56
Support 2 (S2) 28.53 28.66 28.55 28.54
Support 3 (S3) 28.40 28.53 28.51
Support 4 (S4) 28.43