Question 1

What implications does the 10-day RSI indicator have for MRO?

Accepted Answer

The RSI Indicator entered the oversold zone -- be on the watch for MRO's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

Question 2

What does the Stochastic Oscillator suggest about MRO's trend?

Accepted Answer

The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.

Question 3

How did MRO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on September 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on MRO as a result. In 65 of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 68%.

Question 4

What does MACD indicator imply for MRO?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for MRO turned negative on September 04, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 33 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 70%.

Question 5

What is the significance of the 50-day moving average indicator for MRO?

Accepted Answer

MRO moved below its 50-day moving average on September 03, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for MRO?

Accepted Answer

The 10-day moving average for MRO crossed bearishly below the 50-day moving average on September 09, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 67%.

Question 7

What does a 3-day price advance indicate for MRO?

Accepted Answer

Following a +3.36% 3-day Advance, the price is estimated to grow further. Considering data from situations where MRO advanced for three days, in 238 of 318 cases, the price rose further within the following month. The odds of a continued upward trend are 75%.

Question 8

What does a 3-day decline signify for MRO's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MRO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 70%.

Question 9

What does MRO breaking above its upper Bollinger Band indicate?

Accepted Answer

MRO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 10

How does the Aroon Indicator reflect on MRO's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 206 of 283 cases where MRO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 73%.

MRO Stock Marathon Oil (MRO, $27.35) Moving Average Convergence Divergence (MACD) Histogram turned negative on September 4, 2024

MRO's Stochastic Oscillator is remaining in oversold zone for 3 days

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