| Marathon Oil is an independent exploration and production company focused on the U.S. resource plays. Co. also has international operations in Equatorial Guinea (E.G.). Co.'s segments are: U.S., which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the U.S.; and International, which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of the U.S. as well as produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol, in E.G. |
When researching a stock like Marathon Oil, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from MRO Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for MRO stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the MRO 200 day moving average ("MRO 200 DMA"), while one of the most popular "shorter look-backs" is the MRO 50 day moving average ("MRO 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Marathon Oil. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the MRO 200 DMA and the MRO 50 DMA, we get a moving average convergence divergence indicator ("MRO MACD"). The MRO MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).