Marathon Petroleum Corporation (MPC) Technical Analysis

🔺 Technical Setup

🎯 Decision Map

The nearest decision zone is framed by support around 194.98 and resistance near 217.78. A cleaner push through resistance would improve continuation odds, while a loss of support would weaken the current thesis. Pattern invalidation sits near 196.41, so a violation there would materially change the current setup narrative.

📊 Technical Summary

The latest close for Marathon Petroleum Corporation (MPC) came in at 213.69 (-5.55%). The chart is sitting below its 50-day average while still holding above the 200-day average, suggesting shorter-term weakness inside a still positive long-term backdrop. 20-day momentum is notably weak at -9.37%; price remains inside its roughly 52-week range (124.07–251.91); and ATR14 volatility is running near 4.42% of price. RSI(14) stands around 38.4, which keeps the momentum picture broadly balanced. RSI has been drifting lower recently, suggesting that upside momentum may be cooling slightly. MACD is positioned under the signal line, suggesting momentum recovery has not fully developed yet. The MACD histogram is negative and weakening further, which reflects continued downside pressure. Near-term structure is defined by support at 194.98 and resistance at 217.78. A clean break above resistance would strengthen the chart, while a loss of support would put the current setup under pressure. Fundamentals snapshot: Revenue: 21.05B · Net income: 1.37B · EPS (basic): 4.51. The interactive chart adds overlays, pattern context and a fuller structure view for deeper review.

Explore more