Login or Join
Learn then Earn

(MPC) Marathon Petroleum complete technical analysis [charts+indicators] | Buy/Sell Marathon Petroleum | (MPC) share price targets

Complete technical analysis of Marathon Petroleum (MPC) by charts plus indicators, forecast predictions and share price targets for Marathon Petroleum (MPC)

Marathon Petroleum trades in USA in Energy sector.

10 day averaged volume of Marathon Petroleum is 2313048

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 179.67 176.06 181.05 175.91 1.35 times
16 Thu May 2024 174.77 172.20 175.68 172.00 1.205 times
15 Wed May 2024 172.65 173.20 173.65 170.11 1.099 times
14 Tue May 2024 174.51 175.33 175.59 169.14 2.015 times
13 Mon May 2024 177.86 180.07 180.25 177.30 0.727 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 175.9 as stoploss in an intra day buy trade for a target of 185.41. However, stock will show a bearish move below 175.9.

Share price targets for Marathon Petroleum (MPC)

Target Type Value
Downside Target 148.46
Downside Target 163.50
Downside Target 169.14
Downside Target 175.29
Upside Target 184.77
Upside Target 193.74
Upside Target 194.30
Upside Target 200.39
Upside Target 201.36
Upside Target 203.02
Upside Target 210.80
Upside Target 221.11

Intraday share price targets for Marathon Petroleum (MPC)

Target Type Value
Downside Intraday Target 172.19
Downside Intraday Target 164.71
Upside Intraday Target 184.1
Upside Intraday Target 188.53
Downside Intraday Target 176.62

Weekly technical analysis of Marathon Petroleum (MPC)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 179.67 180.07 181.05 169.14 1.774 times
10 Fri May 2024 179.56 184.05 184.77 178.62 0.513 times
03 Fri May 2024 182.55 198.00 201.36 176.87 2.066 times
26 Fri Apr 2024 198.39 196.25 200.39 194.30 0.751 times
19 Fri Apr 2024 196.38 210.55 210.80 193.74 0.838 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marathon Petroleum (MPC)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 179.67 181.10 184.77 169.14 0.582 times
30 Tue Apr 2024 181.72 201.29 221.11 181.40 0.916 times
28 Thu Mar 2024 201.50 170.35 203.02 170.35 1.155 times
29 Thu Feb 2024 169.23 166.44 175.29 163.50 0.769 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Marathon Petroleum (MPC)

Indicator Name Indicator Value Indicator Signal
ADX 19, 32, 25 Sell
MACD -8, -7Sell
Stochastics 42None
CCI 5Buy
RSI 42Sell
OBV -5232931Sell
VWAP 178Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Marathon Petroleum ( (MPC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Marathon Petroleum ( (MPC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marathon Petroleum ( (MPC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marathon Petroleum ( (MPC) ) based on a mid to longer term time period is

ADX buy sell signal for Marathon Petroleum stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Marathon Petroleum in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Marathon Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Marathon Petroleum in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Marathon Petroleum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 177.76 and Marathon Petroleum (MPC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Marathon Petroleum (MPC) stock. Volume based technical analysis of Marathon Petroleum (MPC) stock is negative.

Marathon Petroleum Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Learn then Earn
Back to top | Use Dark Theme