HomeMost PopularMRO Experiences Significant Decline Below Key Moving Average

MRO Experiences Significant Decline Below Key Moving Average

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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:

Marathon Oil Corp. 200 Day Moving Average Chart

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.

nslideshow Click here to find out which 9 other energy stocks recently crossed below their 200-day moving average »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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