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Archive - 5/15/2026 - Sign In to see current Signals. |
Marathon P (MPC) Technical Analysis
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| Summary:
| | Weekly :    | | Daily :   Move cursor over the icon to see details.
| | It was a first positive week for the Marathon P (MPC). During the week, the MPC gained 10.16 points, or 4.15%, and closed at 255.03 on Friday, May 15, 2026. Weekly volume was 19% 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 uptrend had started on July 19, 2021 at 50.19 and reached 261.61 on May 5, 2026. MPC gained -211.42 points, or -421.24%, in 250 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (185.47) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a long-term trend.
Medium-term trend: [See MPC medium-term trend chart] A medium-term uptrend had started on December 31, 2025 at 161.93 and reached 261.61 on May 5, 2026. MPC gained -99.68 points, or -61.56%, in 17 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 224.86 and resistance is at 302.33. A Broadening Ascending 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 Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See MPC weekly technical indicators chart] Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. Weekly Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since February 6, 2026. This is an indication that the medium-term trend is up. 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 April 17, 2026 at 210.64 and reached 261.61 on May 5, 2026. MPC gained -50.97 points, or -24.20%, in 18 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (255.21). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See MPC daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. The daily MACD line is above its signal line since April 28, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak. A Parabolic SAR (stop and reversal) indicator (256.3) comes close to the price (255.03). It indicates that the trend is getting weaker. 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.
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