Marathon Stock Technical Analysis

MPC -  USA Stock  

USD 97.16  0.69  0.72%

As of the 17th of May 2022, Marathon Petroleum secures the Risk Adjusted Performance of 0.2034, downside deviation of 2.41, and Mean Deviation of 1.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marathon Petroleum Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Marathon Petroleum, which can be compared to its peers in the industry. Please verify Marathon Petroleum Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Marathon Petroleum Corp is priced some-what accurately, providing market reflects its recent price of 97.16 per share. Given that Marathon Petroleum Corp has jensen alpha of 0.4148, we recommend you to check Marathon Petroleum's last-minute market performance to make sure the company can sustain itself at a future point.
  
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Marathon Petroleum Analyst Consensus

Target PriceAdvice# of Analysts
76.4Buy10Odds
Marathon Petroleum Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Marathon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Marathon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Marathon Petroleum Corp, talking to its executives and customers, or listening to Marathon conference calls.
Marathon Analyst Advice Details
Marathon Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Marathon Petroleum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marathon Petroleum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Marathon Petroleum Corp Technical Analysis

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The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Normalized Average True Range is used to analyze tradable apportunities for Marathon Petroleum Corp across different markets.
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Marathon Petroleum Corp Trend Analysis

Use this graph to draw trend lines for Marathon Petroleum Corp. You can use it to identify possible trend reversals for Marathon Petroleum as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Marathon Petroleum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Marathon Petroleum Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Marathon Petroleum Corp applied against its price change over selected period. The best fit line has a slop of   0.36  , which may imply that Marathon Petroleum Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 4902.39, which is the sum of squared deviations for the predicted Marathon Petroleum price change compared to its average price change.

About Marathon Petroleum Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Marathon Petroleum Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Marathon Petroleum Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marathon Petroleum Corp stock first instead of the macroeconomic environment surrounding Marathon Petroleum Corp. By analyzing Marathon Petroleum's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Marathon Petroleum's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Marathon Petroleum specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.831.161.25
Interest Coverage4.655.355.49

Marathon Petroleum May 17, 2022 Technical Indicators

Most technical analysis of Marathon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Marathon from various momentum indicators to cycle indicators. When you analyze Marathon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Marathon Petroleum May 17, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Marathon stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, see Stocks Correlation. Note that the Marathon Petroleum Corp information on this page should be used as a complementary analysis to other Marathon Petroleum's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.

Complementary Tools for Marathon Stock analysis

When running Marathon Petroleum Corp price analysis, check to measure Marathon Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Marathon Petroleum is operating at the current time. Most of Marathon Petroleum's value examination focuses on studying past and present price action to predict the probability of Marathon Petroleum's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Marathon Petroleum's price. Additionally, you may evaluate how the addition of Marathon Petroleum to your portfolios can decrease your overall portfolio volatility.
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Is Marathon Petroleum's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Petroleum. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine Marathon Petroleum value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.