Stock Analysis: Marathon Oil Corp (MRO)

Stock Analysis for Marathon Oil Corp (MRO)

The Interpreter
Hey Friend, I'm analysing MARATHON OIL CORP (MRO), and it is between the Support of $ 26.18 (PivotS3) and the Resistance of $ 26.56 (PivotS2).

Marathon Oil Corp (MRO)

$ 26.34 +1.0%

Last Close 03-May-24

Trade MRO Now

Supports

Next Support: $ 26.18

Pivot S3: $ 26.18
Fibonacci 50%: $ 26.12
Triangle Level (3): $ 24.81

Resistances

Next Resistance: $ 26.56

Pivot S2: $ 26.56
Fibonacci 38.2%: $ 26.93
Triangle Level (0): $ 31.74

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 08 Apr 2024	Sell Price: 29.49	Profit: Close Day1 ($ 29.28)	Engulfing	Sell
002 22 Mar 2024	Sell Price: 27.10	Loss: Close Day2 ($ 27.44)	Engulfing	Sell
003 06 Mar 2024	Buy Price: 24.52	Profit: Close Day1 ($ 24.66)	Abandoned Baby	Buy
004 20 Feb 2024	Sell Price: 23.17	Loss: Close Day2 ($ 23.98)	Abandoned Baby	Sell
005 21 Nov 2023	Sell Price: 25.31	Profit: Open Day1 ($ 24.53)	Abandoned Baby	Sell
006 31 Aug 2023	Sell Price: 26.35	Loss: Close Day2 ($ 27.16)	Dark Cloud Cover	Sell
007 03 Aug 2023	Buy Price: 25.78	Profit: Open Day1 ($ 26.02)	Piercing Line	Buy
008One Year Average	Both Sides Result for 7 Signals	Loss: $ -0.59 ($ -0.08 / Signal) -2.3% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for MRO Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	26.22	BUY	2	26.30	BUY
3	26.18	BUY	3	26.37	SELL
5	26.66	SELL	5	26.59	SELL
8	27.05	SELL	8	26.88	SELL
13	27.26	SELL	13	27.21	SELL
21	28.01	SELL	21	27.42	SELL
34	27.97	SELL	34	27.26	SELL
55	26.69	SELL	55	26.77	SELL
90	25.30	BUY	90	26.21	BUY
200	25.71	BUY	200	25.63	BUY

Company Info +

Name & IPO

Marathon Oil Corp
IPO: 1965-11-26

Stock Ticker & Exchange

Ticker: MROIndices: S&P 500,
Exchange: New York Stock Exchange, Inc. (US - USD)

Contact

Website: https://www.marathonoil.com/
Phone:

Stock Type

Common Stock

SIC Office

Energy & Transportation ()

Industry

Crude Petroleum & Natural Gas

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.