Technical Analysis for 0JYA - Marathon Petroleum Corp

Grade Last Price % Change Price Change
B 196.93 -0.90% -1.78
0JYA closed down 0.9 percent on Friday, April 26, 2024, on 2 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Apr 30
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness -0.90%
1,2,3 Retracement Bearish Bearish Swing Setup -0.73%
NR7 Range Contraction -0.73%
Narrow Range Bar Range Contraction -0.73%
Inside Day Range Contraction -0.73%
Oversold Stochastic Weakness -0.73%
1,2,3 Retracement Bearish Bearish Swing Setup -1.03%
Oversold Stochastic Weakness -1.03%

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Profile

Marathon Petroleum Corp Description

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane, petrochemicals, and natural gas liquids. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company was founded in 1887 and is headquartered in Findlay, Ohio.


Classification

Keywords: Natural Gas Transportation Crude Oil Petroleum Industry Natural Gas Liquids Midstream Oil Storage Petroleum Transport Refining Refined Products Downstream Energy Markets Crude Oil Markets Natural Gas Liquids Refinery Transportation Fuels Transports Natural Gas

Is 0JYA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 221.11
52 Week Low 104.44
Average Volume 16,645
200-Day Moving Average 158.89
50-Day Moving Average 191.19
20-Day Moving Average 206.32
10-Day Moving Average 199.60
Average True Range 4.46
RSI (14) 45.95
ADX 30.76
+DI 18.39
-DI 27.15
Chandelier Exit (Long, 3 ATRs) 207.72
Chandelier Exit (Short, 3 ATRs) 207.14
Upper Bollinger Bands 222.83
Lower Bollinger Band 189.80
Percent B (%b) 0.22
BandWidth 16.01
MACD Line 0.96
MACD Signal Line 3.32
MACD Histogram -2.3609
Fundamentals Value
Market Cap 1.36 Billion
Num Shares 691 Million
EPS 17.54
Price-to-Earnings (P/E) Ratio 11.23
Price-to-Sales 0.01
Price-to-Book 0.00
Dividend 3.15
Dividend Yield 1.60%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 201.00
Resistance 3 (R3) 201.21 200.08 200.32
Resistance 2 (R2) 200.08 199.04 199.97 200.09
Resistance 1 (R1) 198.50 198.40 197.94 198.29 199.87
Pivot Point 197.37 197.37 197.08 197.26 197.37
Support 1 (S1) 195.79 196.33 195.23 195.58 193.99
Support 2 (S2) 194.66 195.69 194.55 193.77
Support 3 (S3) 193.08 194.66 193.54
Support 4 (S4) 192.87