US stock / ETF

MARATHON PETROLEUM CORPORATION

MPC · NYSE · USD

1 dayBullish91%
Daily Upside probability 91%Bullish

MPC 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $290.36 and reclaim $367.6.

Invalidation Trigger

Lose $290.36 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 69.7, MACD -0.243

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $11.38 (3.13%)

Daily

EMA Structure

Bullish
EMA 8$359.42Bullish
EMA 21$344.02Bullish
EMA 50$316.26Bullish

Signals

CategoryReadStrength
Momentum
RSI 69.7 · MACD -0.243

Momentum is strong

Strength
Range
Volatility
ATR $11.38 · BB 30.04%

Medium volatility

Strength
Range
Volume
MFI 73.5 · OBV 2.59%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$290.36 - $367.6

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.25% · 1.4 ATR above latest close

$378.97
Nearest resistance

+1.12% · 0.4 ATR above · 34-bar high

$367.6
Current price

Price shown is delayed

$363.54
Nearest support

-20.13% · 6.4 ATR below · 34-bar low

$290.36
Deeper support zone

-23.26% · 7.4 ATR below latest close

$278.98
ATR zone

Latest close ± ATR14

$352.16 - $374.92

Indicators

Trend

Dow Theory Structure

Confirmation $367.6, invalidation $347.67

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

Trend strength is active

50.2 / 41.0 / 8.3Bullish
Supertrend (10,3)

Price is above Supertrend

$334.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.31 / $302.94Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Volatility

ATR (14)

Medium volatility

$11.38 (3.13%)Range
Bollinger Bands (20,2)

Width 30.04%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$363.2 / $327.19Range
ATR channel lower / upper

Current Volatility Envelope

$352.16 / $374.92Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$367.6Range
Support

Nearest Downside Decision Level

$290.36Range

Momentum

RSI (14)

Momentum is strong

69.7Bullish
MACD (12,26,9)

Histogram is negative

-0.243Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.8 / 92.9Bearish
Williams %R (14)

Overbought zone

-8.2Bearish
CCI (20)

Balanced zone

62.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

73.5Bullish
OBV slope

20-period OBV slope

2.59%Bullish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Trend

Dow Theory Structure

Confirmation $367.6, invalidation $347.67

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

Trend strength is active

50.2 / 41.0 / 8.3Bullish
Supertrend (10,3)

Price is above Supertrend

$334.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$343.31 / $302.94Bullish
Donchian Channel (20)

20-period breakout channel position

95%Bullish

Momentum

RSI (14)

Momentum is strong

69.7Bullish
MACD (12,26,9)

Histogram is negative

-0.243Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

91.8 / 92.9Bearish
Williams %R (14)

Overbought zone

-8.2Bearish
CCI (20)

Balanced zone

62.8Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$11.38 (3.13%)Range
Bollinger Bands (20,2)

Width 30.04%

72%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$363.2 / $327.19Range
ATR channel lower / upper

Current Volatility Envelope

$352.16 / $374.92Range

Volume / Money Flow

MFI (14)

Money flow is strong

73.5Bullish
OBV slope

20-period OBV slope

2.59%Bullish
Volume ratio

Relative to 20-period average volume

1.57xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$367.6Range
Support

Nearest Downside Decision Level

$290.36Range

Related Forecasts