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Marathon Oil Shares Up 15.0% Since SmarTrend's Buy Recommendation (MRO)

By Shiri Gupta

SmarTrend identified an Uptrend for Marathon Oil (NYSE:MRO) on January 4th, 2019 at $15.11. In approximately 3 months, Marathon Oil has returned 14.96% as of today's recent price of $17.37.

Over the past year, Marathon Oil has traded in a range of $12.57 to $24.20 and is now at $17.51, 39% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.3%.

Marathon Oil Corporation is an independent international energy company. The Company engaged in exploration and production, oil sands mining, and integrated gas. Marathon Oil serves customers globally.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Marathon Oil shares.

Log in and add Marathon Oil (MRO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Marathon Oil

Ticker(s): MRO