|
|
Archive - 1/16/2026 - Sign In to see current Signals. |
Marathon P (MPC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Marathon P (MPC). During the week, the MPC gave back -0.54 points, or -0.31%, and closed at 175.63 on Friday, January 16, 2026. Weekly volume was -7% below average. MPC is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See MPC long-term trend chart] A long-term uptrend had started on April 7, 2025 at 115.10 and reached 202.30 on November 14, 2025. MPC gained -87.20 points, or -75.76%, in 31 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (210.65) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See MPC medium-term trend chart] A medium-term downtrend had started on November 14, 2025 at 202.30 and reached 161.93 on December 31, 2025. MPC lost 40.37 points, or 19.96%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 151.14 and resistance is at 184.95. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MPC weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since November 28, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.
Short-term trend: [See MPC short-term trend chart] A short-term uptrend had started on December 31, 2025 at 161.93 and reached 183.43 on January 14, 2026. MPC gained -21.50 points, or -13.28%, in 14 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See MPC daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since January 2, 2026. This is an indication that the short-term trend is up. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
| |
|
|