Trading Signals: MRO Stock Price Prediction and Forecast

^ MRO: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Apr. 1, 2021

Trading Signals: MRO Stock Price Prediction and Forecast (Mon. Mar. 14, 2016 - Fri. Oct. 27, 2023)

(Marathon Oil Corporation)
MRO latest price $11.7900 (10.39%) ($10.8800 - $11.9100) on Thu. Apr. 1, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.54% (three month average)
RSI   45
Latest Price   $11.7900(10.39%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MRO advances 2.3% a day on average for past five trading days.
Weekly Trend   MRO declines -1.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support MRO advance at 0% a week (0% probability)
OIH(85%)    XOP(74%)    XLE(73%)    IWN(53%)    USO(53%)
Factors Impacting MRO price   MRO will decline at least -2.27% in a week (0% probabilities).
VIXM(-26%)    UUP(-21%)    TLT(-11%)    VXX(-10%)    SHY(-10%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.27% (StdDev 4.54%)
Hourly BBV 2 ()
Intraday Trend 7.5%

5 Day Moving Average   $11.09(6.31%)
10 Day Moving Average   $10.86(8.56%)
20 Day Moving Average   $11.39(3.51%)
To recent high   -9.2%
To recent low   72.6%
Market Cap   $9.361b

$. MRO price fluctuates within 6.94% (three month std-dev: 4.54%) daily (68% of days).

Sample size 3 Average positive next day return: 8.05%(33%) Average negative next day return: -0.41%(67%) Sample size 3 Average positive next three day return: 11.42%(33%) Average negative next three day return: -3.36%(67%) Sample size 3 Average positive next weekly return: 9.57%(67%) Average negative next weekly return: -1.33%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210501

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_1_2021	8.55	11.39	10.86	11.09	11	11.11	11.79(10.39%)	N/A	N/A	0	0.9	6	50	14	-19	52.59	75%	0.83	-14.4	4.54%	2	0.5	45	1.3
2	Mar_31_2021	8.48	11.41	10.74	10.84	10.9	10.84	10.68(-2.73%)	DT	HoldShort	-50	-0.2	-14	-20	2	-62	18.05	73%	0.71	-17.3	4.42%	-0.9	-0.9	32	1.2
3	Mar_30_2021	8.42	11.46	10.82	10.79	10.76	10.9	10.98(0.73%)	DP	OpenShort	-65	0.2	-12	80	7	-70	16.43	73%	0.72	-20.8	4.41%	0.7	-0.6	38	1.2
4	Mar_29_2021	8.36	11.48	10.86	10.63	10.68	10.95	10.9(-1.71%)	DP	OpenShort	-65	0.4	-17	190	6	-87	20.61	73%	0.36	-26.7	4.42%	0.8	-0.8	40	1
5	Mar_26_2021	8.33	11.5	10.97	10.61	10.52	10.62	11.09(5.32%)	DP	OpenShort	-65	0.6	-21	40	3	-94	26.68	73%	0.36	-21.8	4.38%	1.3	-0.5	38	1.4

6	Mar_25_2021	8.3	11.51	11.07	10.6	10.48	10.62	10.53(0.86%)	DP	OpenShort	-75	-0.1	-28	-80	-2	-106	22.63	72%	0.24	-13.2	4.38%	0.4	-1.3	27	1.1
7	Mar_24_2021	8.28	11.55	11.26	10.63	10.63	10.41	10.44(2.65%)	DP	OpenShort	-75	-0.3	-37	-140	-13	-107	24.34	72%	0.36	0.8	4.41%	-0.4	-1.5	35	1
8	Mar_23_2021	8.25	11.63	11.44	10.87	10.77	10.56	10.17(-6.09%)	DT	OpenShort	-75	-1	-34	-160	-16	-88	35.96	74%	0.24	26.3	4.43%	-1.8	-2.1	41	1.1
9	Mar_22_2021	8.23	11.69	11.63	11.13	11.08	10.86	10.83(-1.72%)	DT	OpenShort	-75	-0.4	-25	-150	-12	-65	19.16	78%	0.37	48.8	4.43%	-0.6	-1.3	50	1.9
10	Mar_19_2021	8.2	11.67	11.79	11.37	11.27	10.99	11.02(3.18%)	DP	OpenShort	-75	-0.4	-21	-200	-15	-40	42.56	78%	0.37	57.8	4.44%	-0.5	-0.8	52	1.6

11	Mar_18_2021	8.17	11.61	11.98	11.61	11.58	11.31	10.68(-8.4%)	DT	OpenShort	-75	-1	-17	-170	-19	-9	29.25	78%	0.37	61.1	4.47%	-3.1	-1	50	1.2
12	Mar_17_2021	8.14	11.55	12.16	11.98	11.88	11.55	11.66(1.75%)	UD	OpenLong	65	-0.3	1	-220	-9	31	21.15	83%	0.49	69	4.33%	-0.2	0.1	56	2.1
13	Mar_16_2021	8.1	11.45	12.16	12.09	12.12	11.85	11.46(-4.9%)	UD	OpenLong	65	-0.6	3	-150	-9	37	21.37	83%	0.5	71.2	4.34%	0	0	48	1.9
14	Mar_15_2021	8.06	11.37	12.17	12.2	12.26	12.22	12.05(-1.23%)	UD	OpenLong	65	-0.1	8	-10	-5	48	19.46	87%	0.62	76.5	4.27%	0	0.6	61	2.4
15	Mar_12_2021	8.01	11.22	12.09	12.26	12.28	12.4	12.2(-2.48%)	UD	OpenLong	65	-0	13	70	-5	65	18.64	87%	0.63	77.4	4.3%	0	0.8	70	1.8

16	Mar_11_2021	7.96	11.05	11.99	12.42	12.37	12.29	12.51(2.37%)	UT	HoldLong	65	0.1	27	-60	2	101	18.75	87%	0.63	81.4	4.31%	0	1.1	77	1.5
17	Mar_10_2021	7.91	10.88	11.87	12.39	12.48	12.16	12.22(1.83%)	UT	HoldLong	65	-0.1	33	-160	1	128	25.25	87%	0.76	86.5	4.34%	0	1	78	1.2
18	Mar_9_2021	7.85	10.72	11.83	12.27	12.46	12.45	12(-3.07%)	UD	OpenLong	75	-0.2	40	40	3	152	28.08	87%	0.64	89.5	4.34%	0	1	70	1.2
19	Mar_8_2021	7.8	10.57	11.75	12.12	12.31	12.8	12.38(-4.62%)	UD	OpenLong	75	0.2	55	330	16	172	33	88%	0.78	92.9	4.31%	0	1.4	74	0.4
20	Mar_5_2021	7.74	10.35	11.54	11.88	11.96	12.46	12.98(5.02%)	UT	HoldLong	65	0.8	65	310	26	182	48.83	91%	0.78	89.1	4.27%	0	1.9	81	0.6

21	Mar_4_2021	7.68	10.09	11.18	11.5	11.57	11.82	12.36(6.28%)	UT	HoldLong	65	0.7	52	170	15	164	50.41	92%	0.92	85.1	4.28%	0	1.7	81	-0.4
22	Mar_3_2021	7.61	9.86	10.87	11.29	11.57	11.45	11.63(3.56%)	UT	OpenLong	75	0.3	36	90	-0	145	23.22	91%	0.66	83.8	4.4%	0	1.4	73	0.3
23	Mar_2_2021	7.56	9.65	10.66	11.33	11.32	11.33	11.23(0.27%)	UT	OpenLong	75	-0.1	43	0	2	166	20.34	91%	0.67	83.8	4.39%	0	1.2	73	1
24	Mar_1_2021	7.51	9.45	10.5	11.32	11.39	11.18	11.2(0.9%)	UT	OpenLong	75	-0.1	52	-110	8	183	19.96	91%	0.67	80.7	4.4%	0	1.3	71	1
25	Feb_26_2021	7.46	9.26	10.28	11.12	11.2	11.32	11.1(-1.77%)	UD	OpenLong	75	-0	56	100	12	187	40.79	86%		73.1	4.46%	0	1.4	77	0.5
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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