{"id":82280,"date":"2023-11-08T17:34:41","date_gmt":"2023-11-08T22:34:41","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/multiple-layers-of-support-in-place-for-marathon-stock\/"},"modified":"2023-11-08T17:34:44","modified_gmt":"2023-11-08T22:34:44","slug":"multiple-layers-of-support-in-place-for-marathon-stock","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=82280","title":{"rendered":"Multiple Layers of Support in Place for Marathon Stock"},"content":{"rendered":"<div>\n<p>Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week, though the pullback could provide an entry opportunity for bulls.<\/p>\n<p>The recent dip has MRO within one standard deviation of its 160- and 200-day moving averages, which have both been bullish for the stock in the past. Both trendlines have seen three similar signals over the past three years, after which the stock was higher one month later each time, with the 160-day trendline averaging a 3.3% gain, while the 200-day averaged a 6.1% gain.<\/p>\n<p>It\u2019s also worth noting that Marathon Oil stock\u2019s 14-day relative strength index (RSI) of 19.2 sits firmly in \u201coversold\u201d territory. This is also an indicator of an upcoming short-term bounce.<\/p>\n<p>Options are attractively priced at the moment, too. MRO\u2019s Schaeffer\u2019s Volatility Index (SVI) of 31% ranks in the low 20th percentile of its annual range, meaning options traders are pricing in low volatility expectations.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.forbes.com\/sites\/greatspeculations\/2023\/11\/08\/multiple-layers-of-support-in-place-for-marathon-stock\/\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week, though the pullback could provide an entry opportunity for bulls. The recent dip has MRO within one standard deviation of its 160- and 200-day moving averages, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":82281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-82280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multiple Layers of Support in Place for Marathon Stock | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=82280\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multiple Layers of Support in Place for Marathon Stock | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=82280\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-08T22:34:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-08T22:34:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1699482882_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"531\" \/>\n\t<meta property=\"og:image:height\" content=\"433\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82280#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82280\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Multiple Layers of Support in Place for Marathon Stock\",\"datePublished\":\"2023-11-08T22:34:41+00:00\",\"dateModified\":\"2023-11-08T22:34:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82280\"},\"wordCount\":178,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82280#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82280\",\"url\":\"https:\/\/ifintechworld.com\/?p=82280\",\"name\":\"Multiple Layers of Support in Place for Marathon Stock | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-08T22:34:41+00:00\",\"dateModified\":\"2023-11-08T22:34:44+00:00\",\"description\":\"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=82280#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=82280\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=82280#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Multiple Layers of Support in Place for Marathon Stock\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Multiple Layers of Support in Place for Marathon Stock | iFintechWorld","description":"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=82280","og_locale":"en_US","og_type":"article","og_title":"Multiple Layers of Support in Place for Marathon Stock | iFintechWorld","og_description":"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,","og_url":"https:\/\/ifintechworld.com\/?p=82280","og_site_name":"iFintechWorld","article_published_time":"2023-11-08T22:34:41+00:00","article_modified_time":"2023-11-08T22:34:44+00:00","og_image":[{"width":531,"height":433,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/11\/1699482882_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=82280#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=82280"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Multiple Layers of Support in Place for Marathon Stock","datePublished":"2023-11-08T22:34:41+00:00","dateModified":"2023-11-08T22:34:44+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=82280"},"wordCount":178,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=82280#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=82280","url":"https:\/\/ifintechworld.com\/?p=82280","name":"Multiple Layers of Support in Place for Marathon Stock | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-08T22:34:41+00:00","dateModified":"2023-11-08T22:34:44+00:00","description":"Marathon Oil Corp (MRO) is down 2.5% at $24.90 at last glance, headed for its fourth-straight daily loss. The shares are down 9.3% in just the last week,","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=82280#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=82280"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=82280#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Multiple Layers of Support in Place for Marathon Stock"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82280"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82280\/revisions"}],"predecessor-version":[{"id":82282,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/82280\/revisions\/82282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/82281"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}