US stock / ETF

MARATHON PETROLEUM CORPORATION

MPC · NYSE · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

MPC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $303.85 and stabilize above resistance $319.94.

Invalidation Trigger

Break above $319.94 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.716

4h
Volatility EnvironmentRange
Low volatility

ATR is $6.12 (2.05%)

4h

EMA Structure

Bearish
EMA 8$299.93Bearish
EMA 21$303.85Bearish
EMA 50$305.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.716

Momentum is weak

Strength
Bearish
Volatility
ATR $6.12 · BB 8.66%

Low volatility

Strength
Range
Volume
MFI 26.7 · OBV -6.96%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$290.93 - $319.94

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.34% · 4.6 ATR above latest close

$326.06
Nearest resistance

+7.29% · 3.6 ATR above · 34-bar high

$319.94
Current price

Price shown is delayed

$298.2
Nearest support

-2.44% · 1.2 ATR below · 34-bar low

$290.93
Deeper support zone

-4.49% · 2.2 ATR below latest close

$284.81
ATR zone

Latest close ± ATR14

$292.08 - $304.32

Indicators

Trend

Dow Theory Structure

Confirmation $290.93, invalidation $303.33

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

59.5 / 7.5 / 40.5Bearish
Supertrend (10,3)

Price is above Supertrend

$283.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$301.28 / $308.93Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

Low volatility

$6.12 (2.05%)Range
Bollinger Bands (20,2)

Width 8.66%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$313.35 / $293.91Range
ATR channel lower / upper

Current Volatility Envelope

$292.08 / $304.32Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$319.94Range
Support

Nearest Downside Decision Level

$290.93Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.716Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 29.7Bullish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Balanced zone

-79.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

-6.96%Bearish
Volume ratio

Relative to 20-period average volume

2.47xBullish

Trend

Dow Theory Structure

Confirmation $290.93, invalidation $303.33

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

59.5 / 7.5 / 40.5Bearish
Supertrend (10,3)

Price is above Supertrend

$283.57Bullish
Ichimoku Cloud

Cloud Span A / Span B

$301.28 / $308.93Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.716Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.9 / 29.7Bullish
Williams %R (14)

Neutral zone

-70.1Range
CCI (20)

Balanced zone

-79.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$6.12 (2.05%)Range
Bollinger Bands (20,2)

Width 8.66%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$313.35 / $293.91Range
ATR channel lower / upper

Current Volatility Envelope

$292.08 / $304.32Range

Volume / Money Flow

MFI (14)

Money flow is weak

26.7Bearish
OBV slope

20-period OBV slope

-6.96%Bearish
Volume ratio

Relative to 20-period average volume

2.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$319.94Range
Support

Nearest Downside Decision Level

$290.93Range

Related Forecasts