US stock / ETF

MARATHON PETROLEUM CORPORATION

MPC · NYSE · USD

1 monthBullish89%
Monthly Upside probability 89%Bullish

MPC 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $115.1 and reclaim $423.62.

Invalidation Trigger

Lose $115.1 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 87.6, MACD 21.691

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $40 (9.45%)

Monthly

EMA Structure

Bullish
EMA 8$306.91Bullish
EMA 21$239.18Bullish
EMA 50$180.65Bullish

Signals

CategoryReadStrength
Momentum
RSI 87.6 · MACD 21.691

Momentum is strong

Strength
Bullish
Volatility
ATR $40 · BB 138.54%

High volatility

Strength
Bearish
Volume
MFI 82.5 · OBV 28.41%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$115.1 - $423.62

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.49% · 1.0 ATR above latest close

$463.62
Nearest resistance

+0.04% · 0.0 ATR above · 34-bar high

$423.62
Current price

Price shown is delayed

$423.43
Nearest support

-72.82% · 7.7 ATR below · 34-bar low

$115.1
Deeper support zone

-82.26% · 8.7 ATR below latest close

$75.1
ATR zone

Latest close ± ATR14

$383.43 - $463.43

Indicators

Trend

Dow Theory Structure

Confirmation $202.3, invalidation $161.93

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

37.2 / 47.7 / 4.6Bullish
Supertrend (10,3)

Price is above Supertrend

$259.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$281.17 / $250.62Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Volatility

ATR (14)

High volatility

$40 (9.45%)Bearish
Bollinger Bands (20,2)

Width 138.54%

119%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$335.19 / $149.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$383.43 / $463.43Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.62Range
Support

Nearest Downside Decision Level

$115.1Range

Momentum

RSI (14)

Momentum is strong

87.6Bullish
MACD (12,26,9)

Histogram is positive

21.691Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.9 / 97.5Bullish
Williams %R (14)

Overbought zone

-0.1Bearish
CCI (20)

Strong expansion

238.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

82.5Bullish
OBV slope

20-period OBV slope

28.41%Bullish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Trend

Dow Theory Structure

Confirmation $202.3, invalidation $161.93

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

37.2 / 47.7 / 4.6Bullish
Supertrend (10,3)

Price is above Supertrend

$259.05Bullish
Ichimoku Cloud

Cloud Span A / Span B

$281.17 / $250.62Bullish
Donchian Channel (20)

20-period breakout channel position

100%Bullish

Momentum

RSI (14)

Momentum is strong

87.6Bullish
MACD (12,26,9)

Histogram is positive

21.691Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.9 / 97.5Bullish
Williams %R (14)

Overbought zone

-0.1Bearish
CCI (20)

Strong expansion

238.5Bullish
TD Sequential

Exhaustion setup is near completion

sell 8Bearish

Volatility

ATR (14)

High volatility

$40 (9.45%)Bearish
Bollinger Bands (20,2)

Width 138.54%

119%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$335.19 / $149.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$383.43 / $463.43Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

82.5Bullish
OBV slope

20-period OBV slope

28.41%Bullish
Volume ratio

Relative to 20-period average volume

0.47xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$423.62Range
Support

Nearest Downside Decision Level

$115.1Range

Related Forecasts