Marathon Oil (MRO, $28.55) Moving Average Convergence Divergence (MACD) Histogram turned negative on November 26, 2024

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MRO - Marathon Oil Corp
MACD signal
Bearish Trend
72%
Odds of DOWN Trend
MACD signal
Price: $28.55
Daily change: $0 (0%)
Daily volume: 37M
Industry: Oil & Gas Production

This is a Bearish indicator signaling MRO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 47 similar cases where MRO's MACD histogram became negative, and 34 of them led to successful outcomes. Odds of Success: 72%.