US stock / ETF

MARATHON PETROLEUM CORPORATION

MPC · NYSE · USD

1 dayRange53%
Daily Range probability 94%Range

MPC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is above EMA21, short trend is constructive

Confirmation Trigger

Break either side of $238.63 - $272.18 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 52.0, MACD -0.717

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.28 (2.87%)

Daily

EMA Structure

Range
EMA 8$251.53Bullish
EMA 21$252.47Bullish
EMA 50$247.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.0 · MACD -0.717

Neutral zone

Strength
Range
Volatility
ATR $7.28 · BB 12.46%

Medium volatility

Strength
Range
Volume
MFI 26.5 · OBV -4.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$238.63 - $272.18

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.03% · 3.5 ATR above latest close

$279.45
Nearest resistance

+7.16% · 2.5 ATR above · 34-bar high

$272.18
Current price

Price shown is delayed

$253.99
Nearest support

-6.05% · 2.1 ATR below · 34-bar low

$238.63
Deeper support zone

-8.91% · 3.1 ATR below latest close

$231.35
ATR zone

Latest close ± ATR14

$246.71 - $261.27

Indicators

Trend

Dow Theory Structure

Confirmation $271.02, invalidation $240.61

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 17.3 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$234.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$251.5 / $241.47Bullish
Donchian Channel (20)

20-period breakout channel position

46%Range

Volatility

ATR (14)

Medium volatility

$7.28 (2.87%)Range
Bollinger Bands (20,2)

Width 12.46%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$265.37 / $239.61Range
ATR channel lower / upper

Current Volatility Envelope

$246.71 / $261.27Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$272.18Range
Support

Nearest Downside Decision Level

$238.63Range

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-0.717Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.2 / 47.8Bullish
Williams %R (14)

Neutral zone

-49.8Range
CCI (20)

Balanced zone

-17.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-4.62%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Trend

Dow Theory Structure

Confirmation $271.02, invalidation $240.61

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.9 / 17.3 / 32.7Bearish
Supertrend (10,3)

Price is above Supertrend

$234.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$251.5 / $241.47Bullish
Donchian Channel (20)

20-period breakout channel position

46%Range

Momentum

RSI (14)

Neutral zone

52.0Range
MACD (12,26,9)

Histogram is negative

-0.717Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

50.2 / 47.8Bullish
Williams %R (14)

Neutral zone

-49.8Range
CCI (20)

Balanced zone

-17.0Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$7.28 (2.87%)Range
Bollinger Bands (20,2)

Width 12.46%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$265.37 / $239.61Range
ATR channel lower / upper

Current Volatility Envelope

$246.71 / $261.27Range

Volume / Money Flow

MFI (14)

Money flow is weak

26.5Bearish
OBV slope

20-period OBV slope

-4.62%Bearish
Volume ratio

Relative to 20-period average volume

1.39xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$272.18Range
Support

Nearest Downside Decision Level

$238.63Range

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