|
Archive - 3/21/2025 - Sign In to see current Signals. |
Marathon P (MPC) Technical Analysis
|
 |
| Summary:
| | Weekly :   | | Daily :      Move cursor over the icon to see details.
| | It was a second positive week after 3 consecutive negative weeks for the Marathon P (MPC). During the week, the MPC gained 8.80 points, or 6.23%, and closed at 150.00 on Friday, March 21, 2025. It was the best weekly gain since January 17, 2025. Weekly volume was 52% above 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 downtrend had started on April 5, 2024 at 221.11 and reached 130.50 on December 20, 2024. MPC lost 90.61 points, or 40.98%, in 37 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Medium-term trend: [See MPC medium-term trend chart] A medium-term uptrend had started on December 20, 2024 at 130.50 and reached 160.50 on February 18, 2025. MPC gained -30.00 points, or -22.99%, in 8 weeks. The price is now at the 35% retracement level.
Weekly Technical Indicators: [See MPC weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 March 5, 2025 at 132.80 and reached 152.10 on March 20, 2025. MPC gained -19.30 points, or -14.53%, in 15 days. The price is now at the 10.88% retracement level.
Daily Technical Indicators: [See MPC daily technical indicators chart] Daily Williams' Percentage Range is overbought while Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range or strongly overbought daily Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has moved above 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. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|