A Deep Analysis of Marathon Petroleum Corporation ($MPC) (2019-11-19)

REPORTING FOR 2019-11-19 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MPC has been trading over the last 2 weeks and the past day especially. On its latest session, Marathon Petroleum Corporation ($MPC) opened at 64.51, reaching a high of 64.74 and a low of 63.88 before closing at a price of 64.54. There was a total volume of 3223496.

VOLUME INDICATORS FOR MARATHON PETROLEUM CORPORATION ($MPC): We saw an accumulation-distribution index of 1114.74061, an on-balance volume of 64.69, chaikin money flow of 6.47826 and a force index of -0.0252. There was an ease of movement rating of -0.00275, a volume-price trend of 9.22683 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MARATHON PETROLEUM CORPORATION ($MPC): We noted an average true range of 1.00986, bolinger bands of 64.83711, an upper bollinger band of 63.42289, lower bollinger band of 63.88, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 64.37667, high band keltner channel of 64.14667, low band keltner channel of 64.60667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 63.88, a donchian channel low band of 63.88, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR MARATHON PETROLEUM CORPORATION ($MPC): We calculated a Moving Average Convergence Divergence (MACD) of 0.01122, a MACD signal of 0.00623, a MACD difference of 0.00499, a fast Exponential Moving Average (EMA) indicator of 63.88, a slow Exponential Moving Average (EMA) indicator of 63.88, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.21375, a trix of 9.82546, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -7.98171, a KST Oscillator (KST) of 142.7899 and a KST Oscillator (KST Signal) of 142.7899 (leaving a KST difference of 2.2362). We also found an Ichimoku rating of 64.625, an Ichimoku B rating of 64.625, a Ichimoku visual trend A of 58.10805, an Ichimoku visual trend B of 59.9655, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR MARATHON PETROLEUM CORPORATION ($MPC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.68438, a stochastic oscillator of 373.91304, a stochastic oscillator signal of 373.91304, a Williams %R rating of 273.91304 and an awesome oscillator of 0.11533.

RETURNS FOR MARATHON PETROLEUM CORPORATION ($MPC): There was a daily return of 14.27899, a daily log return of 0.77967 and a cumulative return of 0.78272.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-19 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Marathon Petroleum Corporation ($MPC)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Marathon Petroleum Corporation ($MPC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.


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