Technical Analysis for MPC - Marathon Petroleum Corporation

Grade Last Price % Change Price Change
D 175.01 1.37% 2.36
MPC closed down 0.6 percent on Wednesday, May 15, 2024, on approximately 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Inside Day Range Contraction 1.37%
Down 3 Days in a Row Weakness 1.37%
Down 4 Days in a Row Weakness 1.37%
Oversold Stochastic Weakness 1.37%
Hammer Candlestick Bullish 0.76%
Lizard Bullish Bullish Day Trade Setup 0.76%
Multiple of Ten Bullish Other 0.76%
Down 3 Days in a Row Weakness 0.76%
Gapped Down Weakness 0.76%
Lower Bollinger Band Touch Weakness 0.76%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 6 hours ago
Up 1% about 6 hours ago
Rose Above Previous Day's High about 6 hours ago
Possible Inside Day 1 day ago
Down 2 % 1 day ago

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Profile

Marathon Petroleum Corporation Description

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products primarily in the United States. It operates through Refining & Marketing, Speedway, and Pipeline Transportation segments. The company owns and operates seven refineries in the Gulf Coast and Midwest regions of the United States, which refine crude oil and other feedstocks; and distribute refined products through barges, terminals, and trucks, as well as purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feedstocks and special products, heavy fuel oil, and asphalt. The company also transports crude oil and other feedstocks to its refineries and other locations; and sells transportation fuels and convenience products in the retail market through Speedway convenience stores. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded jobbers, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of March 31, 2013, it owned, leased, and had ownership interests in approximately 8,300 miles of crude oil and refined product pipelines; and operated approximately 5,000 Marathon branded retail outlets and 1,463 Speedway convenience stores in the United States. The company is headquartered in Findlay, Ohio. Marathon Petroleum Corporation operates independently of Marathon Oil Corporation as of July 1, 2011.


Classification

Sector: Energy
Industry: Oil & Gas Refining & Marketing
Keywords: S&P 500 Petroleum Industry Crude Oil Petroleum Petroleum Products Propane Retail Outlets Barge Refined Products Fuel Oil Transportation Segment Pipeline Transport Western Refining Transports Crude Oil Jobber Pipeline Transportation Transportation Fuels Sunoco Heavy Fuel Oil Marathon Petroleum Convenience Products Marathon Oil

Is MPC 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 220.0647
52 Week Low 102.2385
Average Volume 2,603,104
200-Day Moving Average 161.41
50-Day Moving Average 193.83
20-Day Moving Average 186.41
10-Day Moving Average 179.00
Average True Range 5.13
RSI (14) 28.06
ADX 39.87
+DI 9.70
-DI 37.58
Chandelier Exit (Long, 3 ATRs) 191.30
Chandelier Exit (Short, 3 ATRs) 183.74
Upper Bollinger Bands 205.13
Lower Bollinger Band 167.70
Percent B (%b) 0.13
BandWidth 20.08
MACD Line -6.02
MACD Signal Line -4.49
MACD Histogram -1.5324
Fundamentals Value
Market Cap 63.54 Billion
Num Shares 368 Million
EPS 23.63
Price-to-Earnings (P/E) Ratio 7.31
Price-to-Sales 0.42
Price-to-Book 2.35
PEG Ratio 15.65
Dividend 3.15
Dividend Yield 1.82%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 177.96
Resistance 3 (R3) 177.70 175.68 177.08
Resistance 2 (R2) 175.68 174.32 175.81 176.78
Resistance 1 (R1) 174.16 173.49 173.15 174.42 176.48
Pivot Point 172.14 172.14 171.63 172.27 172.14
Support 1 (S1) 170.62 170.78 169.61 170.88 168.82
Support 2 (S2) 168.60 169.95 168.73 168.52
Support 3 (S3) 167.08 168.60 168.23
Support 4 (S4) 167.34