Marathon Petroleum Corporation | MPC

Daily Technical Analysis of Marathon Petroleum Corporation

Marathon Petroleum is down a bit on the day, funds flowing out kept the price down -1.47% since yesterday.

The Oil & Gas company isn't at an immediate support or resistance level that might be predictive. MPC hasn't established a very clear directional momentum over the last few months. So it's not clear exactly where it's going. In the near term it might meet some resistance around the $125.5 price point in the near future.

Analyst Ratings for Marathon Petroleum By Price Target And Rating

The analysts feel pretty optimistic about MARATHON PETROLEUM and have been assigning positive ratings. The current Analysts Sentiment Score is 213.80. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Mizuho upgraded from Neutral to Buy on 2023-03-10 and moved up their price target to $160.00 which is a 20.3% increase. UBS Group initiated a rating of Buy on 2023-03-08 and provided a price target of $165.00. Jefferies Financial Group upgraded from Hold to Buy on 2023-03-03 and also increased their price target by 17.16% to $157.00. Wells Fargo & Company boosted their price targ by 15.04% to $153.00 on 2023-02-01. Raymond James gave a boost to their price target and moved to $165.00 from $155.00 on 2023-02-01. Cowen gave a boost to their price target and moved to $143.00 from $133.00 on 2023-02-01. Morgan Stanley gave a boost to their price target and moved to $140.00 from $125.00 on 2023-01-20. On 2023-01-09 Barclays increased their price target by 3.17% to $130.00. Piper Sandler announced a lowering of their price target to $143.00 from $153.00 on 2022-12-19. On 2022-11-03 The Goldman Sachs Group increased their price target by 11.54% to $116.00.

Company	Ratings Score ? Composite analyst sentiment score	Positive Ratings	Negative Ratings	Boost Price Target	Lower Price Target
MPC	213.80	252.54	-0.45	180.2	-4.7

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2022-11-28)

Company	YOY Growth Score (typical -20 to +20)	Revision Directions (-6 to +6)
MPC	83.69	23.95

Short interest for MARATHON PETROLEUM

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company	Short Score (typical 1-15) ? We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)	Short Interest	Days to Cover	Rate of Change	Shares Short
MPC	3.65	%3.1	3.9	7.26	14630000

How MARATHON PETROLEUM compares to the broader Energy sector and the more specific Oil & Gas - Refining & Marketing industry

Segment	Count	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Demark Buy	Short Interest	Analysts Ratings ? We track several different measures of analyst sentiment including ratings and price targets. To create a composite Analyst Sentiment Score, we weight several factors such as the recent rate of change which can be more predictive than the absolute level. We also weight each analyst's opinion based on their historic accuracy. We built in a time decay function to ensure that the rating reflects the current sentiment levels. Typical range (-80 to +80)
Oil & Gas - Refining & Marketing Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	14	-0.64	4.29	7.00	5.60	19.37	1.49	69.79	9.28	5.37	-2.30	-4549.92	-9001.18	0.00	0.00	3.21	40.96
Energy Show Me Companies With: S-Momentum: Highest \| Lowest At Bottom Support At Top Resistance RSI Highest \| Lowest 1 Day Growth: Highest \| Lowest 5 Day Growth: Highest \| Lowest 1 Month Growth: Highest \| Lowest 6 Month Growth: Highest \| Lowest List All Stocks	142	-0.25	3.42	6.97	5.76	-1.27	-13.26	69.58	-6.58	-9.06	-9.49	-13015.23	-6732.26	1.58	0.00	4.22	28.87

Social Sentiment for MARATHON PETROLEUM

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker	Social Sentiment(1-10)
MPC	10.00

Companies with the highest correlation to MARATHON PETROLEUM

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Short Interest Score
VLO \| Valero Energy Corporation	1.63	-0.48	6.44	1.77	-15.00	-6.01	-21.42	58	-11.29	-7.60	-13.75	-12707.42	182.77	3.63585
PSX \| PHILLIPS 66	1.55	-1.89	2.17	6.15	5.86	-3.76	-10.08	72	1.10	-0.11	-4.44	-3192.84	-10445.55	2.572
OKE \| Oneok, Inc.	1.48	0.46	3.35	-3.37	-0.28	-4.92	-11.36	81	-13.50	-11.56	-12.20	-3752.10	-3593.60	3.65987
CVX \| Chevron Corporation	1.47	-0.29	1.98	2.01	3.62	-7.63	-12.02	72	-3.74	-10.33	-9.32	-6040.27	-1880.39	1.49996
MRO \| Marathon Oil Corporation	1.38	-1.50	2.94	6.56	12.63	-12.64	-25.01	66	-1.28	-12.04	-13.48	-6894.80	-4188.33	2.37818
TRGP \| Targa Resources Corp.	1.36	-0.74	4.81	2.07	-0.19	5.35	-7.10	72	-0.01	-2.86	-3.52	-1520.42	-6387.53	1.49707
HAL \| Halliburton Company	1.34	-1.34	1.50	12.72	5.61	-8.37	-25.26	72	-2.29	-9.73	-15.94	-9355.83	-2530.58	2.34246
KMI \| Kinder Morgan, Inc.	1.3	0.46	3.34	3.65	4.40	-4.05	-12.84	93	-4.26	-14.90	-17.55	-5032.56	-3932.48	1.54428

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