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Marathon Petrole Bullish Moving Average Crossover Alert (MPC)

By Nick Russo

Today, shares of Marathon Petrole (NYSE:MPC) have advanced above their 10-day MA of $70.62 on a volume of 683K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Marathon Petrole have traded between a low of $49.30 and a high of $83.33 and are now at $71.00, which is 44% above that low price. The 200-day and 50-day moving averages have moved 0.48% higher and 0.74% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Marathon Petrole and will alert subscribers who have MPC in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses marathon petrole

Ticker(s): MPC