Marathon Oil’s Shares Dip Below Key Moving Average
Market Update: MRO Shares See Modest Decline
On Wednesday, shares of Marathon Oil Corp. (Symbol: MRO) dipped below their 200-day moving average of $26.61. They traded as low as $26.60 per share, marking a slight decrease of approximately 0.1% for the day. The chart below illustrates the performance of MRO shares over the past year in relation to their 200-day moving average:
The chart shows that MRO reached a low of $21.81 within the last 52 weeks, while it peaked at $30.06. The most recent trade occurred at $26.65. This data regarding MRO’s moving average was provided by TechnicalAnalysisChannel.com.
Click here to find out which 9 other energy stocks recently crossed below their 200-day moving average »
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