Marathon Petroleum (Germany) Technical Analysis

MPN Stock  EUR 141.00  2.82  1.96%   
As of the 14th of December 2024, Marathon Petroleum secures the Risk Adjusted Performance of 0.0025, mean deviation of 1.44, and Standard Deviation of 2.05. 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. Please verify Marathon Petroleum Corp coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Marathon Petroleum Corp is priced some-what accurately, providing market reflects its recent price of 141.0 per share.

Marathon Petroleum Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marathon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Marathon
  
Marathon Petroleum's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
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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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Marathon Petroleum Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

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   0.03  , which may suggest that Marathon Petroleum Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.81, 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 price pattern 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.

Marathon Petroleum December 14, 2024 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.

Complementary Tools for Marathon Stock analysis

When running Marathon Petroleum's 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 the 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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