Trading Signals: MRO Stock Price Prediction and Forecast

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

Fri. Jul. 28, 2023

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

(Marathon Oil Corporation)
MRO latest price $26.1000 (0.93%) ($25.7100 - $26.1100) on Fri. Jul. 28, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.04% (three month average)
RSI   73
Latest Price   $26.1000(0.93%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MRO advances 0.6% a day on average for past five trading days.
Weekly Trend   MRO advances 3.1% 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)
XOP(89%)    XLE(87%)    OIH(80%)    USO(70%)    XAR(48%)
Factors Impacting MRO price   MRO will decline at least -1.02% in a week (0% probabilities).
EDOC(-26%)    JETS(-10%)    XLY(-9%)    TBT(-6%)    VXX(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.02% (StdDev 2.04%)
Hourly BBV 0.3 ()
Intraday Trend 0.2%

5 Day Moving Average   $25.94(0.62%)
10 Day Moving Average   $25.42(2.68%)
20 Day Moving Average   $24.61(6.05%)
To recent high   -0%
To recent low   18.9%
Market Cap   $20.723b

$. MRO price fluctuates within 4.55% (three month std-dev: 2.04%) daily (68% of days).

Sample size 22 Average positive next day return: 1%(45%) Average negative next day return: -1.83%(55%) Sample size 22 Average positive next three day return: 2.4%(41%) Average negative next three day return: -3.19%(59%) Sample size 22 Average positive next weekly return: 2.91%(50%) Average negative next weekly return: -2.25%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jul_28_2023	23.63	24.61	25.42	25.94	25.95	26.04	26.1(0.93%)	UT	OpenLong	75	0.1	30	30	8	96	7.84	56%	0.08	84.4	2.04%	0.3	1.3	73	1.3
2	Jul_27_2023	23.61	24.46	25.23	25.78	25.86	26	25.86(-0.96%)	UD	OpenLong	75	0.1	32	50	11	93	9.19	56%	0	84.8	2.07%	-0.5	1.3	73	0.5
3	Jul_26_2023	23.61	24.28	25.14	25.65	25.65	25.87	26.11(0.5%)	UT	HoldLong	65	0.4	42	60	16	118	11.95	56%	0.04	77	2.06%	1.2	1.6	81	1.9
4	Jul_25_2023	23.6	24.08	25	25.4	25.47	25.73	25.98(1.33%)	UT	OpenLong	75	0.5	47	80	20	126	12.29	52%	-0.04	68	2.08%	1.3	1.7	75	1.2
5	Jul_24_2023	23.61	23.89	24.83	25.17	25.21	25.43	25.64(1.38%)	UT	OpenLong	75	0.4	48	70	22	125	14.89	52%	-0.04	58.6	2.14%	1.1	1.6	72	1.6

6	Jul_21_2023	23.62	23.7	24.65	24.83	24.91	25.21	25.29(0.24%)	UT	OpenLong	75	0.4	42	90	18	112	15.28	52%	0	45.3	2.16%	1.2	1.4	71	1.1
7	Jul_20_2023	23.62	23.55	24.47	24.59	24.6	25	25.23(1.45%)	UT	OpenLong	75	0.6	35	120	12	103	10.77	52%	-0.04	35.9	2.16%	1.8	1.6	71	1.4
8	Jul_19_2023	23.63	23.43	24.22	24.57	24.43	24.62	24.87(0.28%)	UT	OpenLong	75	0.3	34	40	10	106	10.72	52%	0	37.4	2.16%	0.7	1.4	73	1.5
9	Jul_18_2023	23.63	23.32	24.02	24.55	24.46	24.21	24.8(3.51%)	UT	OpenLong	75	0.3	30	-80	2	114	12.98	52%	-0.04	36.1	2.16%	1.4	1.6	74	1.9
10	Jul_17_2023	23.64	23.25	23.84	24.46	24.54	24.24	23.96(-0.5%)	UD	OpenLong	65	-0.5	21	-80	-11	117	12.43	46%	-0.08	32.7	2.12%	-0.9	0.8	70	1.4

11	Jul_14_2023	23.66	23.21	23.75	24.43	24.6	24.72	24.08(-4.18%)	UD	OpenLong	75	-0.4	38	60	5	135	13.3	46%	-0.08	27.7	2.16%	-1.8	1	73	1.2
12	Jul_13_2023	23.68	23.17	23.64	24.31	24.37	24.84	25.13(1.37%)	UT	HoldLong	65	0.9	66	140	36	154	14.15	50%	0	25.6	2.1%	1.5	2.3	80	1
13	Jul_12_2023	23.68	23.06	23.36	23.8	23.89	24.48	24.79(1.89%)	UT	OpenLong	75	1.3	57	180	38	114	12.06	50%	0	12.3	2.09%	1	2.3	64	1.1
14	Jul_11_2023	23.68	22.99	23.08	23.42	23.33	23.89	24.33(2.23%)	UT	OpenLong	75	1.5	42	160	30	77	14.66	50%	0.04	0	2.09%	1.3	2.2	63	-0.3
15	Jul_10_2023	23.67	22.95	22.86	23.15	23.04	23.3	23.8(1.19%)	UT	OpenLong	75	1.2	25	60	20	41	12.56	47%	-0.13	-1.7	2.08%	1.1	1.6	50	-0.5

16	Jul_7_2023	23.7	22.97	22.67	23	22.91	23.3	23.52(4.35%)	UT	OpenLong	75	1	6	-50	5	9	18.66	47%	-0.13	8.6	2.07%	1.8	1.1	51	-0.3
17	Jul_6_2023	23.73	22.95	22.54	22.88	22.92	22.78	22.54(-1.57%)	DT	OpenShort	-75	-0.6	-9	-40	-6	-17	13.86	43%	-0.17	5.1	2.01%	-0.7	-0.8	40	-0.6
18	Jul_5_2023	23.77	22.97	22.58	22.84	22.97	23.05	22.9(-0.43%)	N/A	N/A	0	0.1	3	40	10	-17	9.57	43%	-0.34	0.4	2%	-1.1	-0.1	44	0.9
19	Jul_3_2023	23.85	22.99	22.57	22.68	22.76	23.06	23(-0.09%)	N/A	N/A	0	0.5	3	100	15	-35	4.47	52%	-0.21	-7.5	2%	0	0	41	1.2
20	Jun_30_2023	23.9	22.96	22.6	22.51	22.51	22.89	23.02(0.39%)	N/A	N/A	0	0.8	5	120	20	-42	10.74	52%	-0.13	-26.3	2.36%	1	0.1	37	1

21	Jun_29_2023	23.93	22.96	22.62	22.3	22.29	22.46	22.93(2.64%)	DP	OpenShort	-65	1	-7	50	14	-69	12.19	52%	-0.17	-45.5	2.36%	1.7	0	33	1
22	Jun_28_2023	23.97	22.92	22.65	22.16	22.11	22.14	22.34(1.04%)	DP	OpenShort	-75	0.3	-26	0	-6	-85	13.4	50%	-0.21	-53.9	2.35%	1.4	-0.9	43	1.2
23	Jun_27_2023	24.02	22.97	22.74	22.3	22.16	22.12	22.11(-0.23%)	DT	OpenShort	-75	-0.3	-24	-30	-7	-76	13.94	53%	-0.17	-48.4	2.35%	-0.7	-1.3	44	1.1
24	Jun_26_2023	24.06	23.03	22.88	22.44	22.37	22.07	22.16(0.96%)	DP	OpenShort	-75	-0.5	-28	-100	-15	-68	13.38	53%	-0.17	-42.4	2.39%	1.5	-1.4	42	1
25	Jun_23_2023	24.1	23.13	23.06	22.71	22.58	22.2	21.95(-1.35%)	DT	OpenShort	-75	-1.3	-29	-130	-24	-42	12.31	53%		-22.7	2.39%	-1	-2	49	1.1
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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