(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.
Showing technical analysis as on 2024-08-28 View latest technical analysis
10 day averaged volume of Marathon Petroleum is 2224918
Date | Daily Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 169.93 | 169.00 | 171.95 | 168.08 | 0.963 times |
27 Tue Aug 2024 | 169.89 | 172.75 | 172.90 | 169.80 | 0.745 times |
26 Mon Aug 2024 | 173.20 | 176.70 | 177.57 | 172.82 | 0.855 times |
23 Fri Aug 2024 | 175.31 | 173.10 | 175.53 | 172.65 | 0.897 times |
22 Thu Aug 2024 | 171.78 | 172.01 | 173.17 | 171.04 | 0.979 times |
21 Wed Aug 2024 | 171.97 | 171.56 | 174.49 | 171.00 | 0.938 times |
20 Tue Aug 2024 | 171.61 | 178.36 | 178.43 | 171.55 | 1.214 times |
19 Mon Aug 2024 | 178.90 | 180.44 | 180.44 | 178.00 | 0.925 times |
16 Fri Aug 2024 | 180.03 | 179.66 | 182.36 | 179.26 | 1.101 times |
15 Thu Aug 2024 | 180.75 | 180.52 | 182.00 | 179.00 | 1.075 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 168.5 as stoploss in an intra day buy trade for a target of 173.23. However, stock will show a bearish move below 168.5.
Share price targets for Marathon Petroleum (MPC)
Target Type | Value |
Downside Target | 157.50 |
Downside Target | 161.14 |
Downside Target | 167.95 |
Upside Target | 180.44 |
Upside Target | 181.40 |
Upside Target | 182.36 |
Upside Target | 183.31 |
Upside Target | 184.77 |
Upside Target | 221.11 |
Intraday share price targets for Marathon Petroleum (MPC)
Target Type | Value |
Downside Intraday Target | 166.15 |
Downside Intraday Target | 162.37 |
Upside Intraday Target | 175.64 |
Upside Intraday Target | 181.35 |
Upside Intraday Target | 171.86 |
Weekly technical analysis of Marathon Petroleum (MPC)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Wed Aug 2024 | 169.93 | 176.70 | 177.57 | 168.08 | 0.518 times |
23 Fri Aug 2024 | 175.31 | 180.44 | 180.44 | 171.00 | 0.866 times |
16 Fri Aug 2024 | 180.03 | 177.10 | 182.36 | 173.13 | 1.112 times |
09 Fri Aug 2024 | 175.83 | 159.15 | 176.41 | 157.50 | 1.177 times |
02 Fri Aug 2024 | 164.64 | 172.55 | 183.31 | 164.08 | 0.89 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 |
28 Wed Aug 2024 | 169.93 | 177.34 | 182.36 | 157.50 | 0.887 times |
31 Wed Jul 2024 | 177.02 | 175.00 | 183.31 | 161.14 | 0.915 times |
28 Fri Jun 2024 | 173.48 | 176.37 | 178.17 | 167.95 | 1.01 times |
31 Fri May 2024 | 176.61 | 181.10 | 184.77 | 169.14 | 1.009 times |
Scroll below to view daily charts
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)
Price action analysis of Marathon Petroleum ( (MPC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Marathon Petroleum ( (MPC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marathon Petroleum stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marathon Petroleum in short term but the sell signal is initial and weak.
Marathon Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Marathon Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 174.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Marathon Petroleum ( (MPC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Marathon Petroleum ( (MPC) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Marathon Petroleum stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Marathon Petroleum in short term but the sell signal is initial and weak.
Marathon Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Marathon Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 174.51 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.