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 2187674

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 174.77 172.20 175.68 172.00 1.274 times
15 Wed May 2024 172.65 173.20 173.65 170.11 1.162 times
14 Tue May 2024 174.51 175.33 175.59 169.14 2.131 times
13 Mon May 2024 177.86 180.07 180.25 177.30 0.768 times
10 Fri May 2024 179.56 183.70 184.72 178.62 0.724 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 176.6, but if it comes above 176.6, then a intra day buy could be more profitable.
If you take a sell trade below 176.6, then use 176.6 as stoploss and 165 as target. However if you take a buy trade in stock , then use 176.6 as stoploss and 186.25 as target.

Share price targets for Marathon Petroleum (MPC)

Target Type Value
Downside Target 148.46
Downside Target 163.50
Downside Target 169.14
Upside 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 169.19
Downside Intraday Target 163.61
Upside Intraday Target 180.3
Upside Intraday Target 185.83
Downside Intraday Target 174.72

Weekly technical analysis of Marathon Petroleum (MPC)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 174.77 180.07 180.25 169.14 1.4 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 down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Marathon Petroleum (MPC)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 174.77 181.10 184.77 169.14 0.525 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 10, 37, 56 Sell
MACD -9, -7Sell
Stochastics 31None
CCI -89Buy
RSI 39Sell
OBV -11068663Sell
VWAP 178Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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.

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 but BUY signal is weak.

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 177.9 and Marathon Petroleum (MPC) stock is trading below this level. This means that stock is falling with high volumes. 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