Trading Signals: MPC Stock Price Prediction and Forecast

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Fri. Jan. 15, 2021

Trading Signals: MPC Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Marathon Petroleum Corporation)
MPC latest price $43.9800 (-3.38%) ($43.3300 - $45.0000) on Fri. Jan. 15, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.78% (three month average)
RSI   62
Latest Price   $43.9800(-3.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MPC advances 0.4% a day on average for past five trading days.
Weekly Trend   MPC advances 4.2% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MPC advance at 0% a week (0% probability)
OIH(73%)    XLE(65%)    XOP(63%)    IWD(55%)    IWN(55%)
Factors Impacting MPC price   MPC will decline at least -1.89% in a week (0% probabilities).
VIXM(-27%)    UUP(-17%)    VXX(-13%)    SHY(-11%)    BNDX(-9%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.89% (StdDev 3.78%)
Hourly BBV -1 ()
Intraday Trend -2%

Inflection Point   Yes
5 Day Moving Average   $44.6(-1.39%)
10 Day Moving Average   $43.68(0.69%)
20 Day Moving Average   $42.28(4.02%)
To recent high   -3.5%
To recent low   59.9%
Market Cap   $28.587b

Marathon Petroleum Corp. is an independent petroleum product refiners, marketers and transporters in the United States. The company operates through the following segments: Refining & Marketing; Retail; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks that the company owns or operates. The Retail sells transportation fuels and convenience products in the retail market across the United States through company-owned and operated convenience stores, primarily under the Speedway brand, and long-term fuel supply contracts with direct dealers who operate locations mainly under the ARCO brand. The Midstream transports, stores, distributes and markets crude oil and refined products principally for the Refining & Marketing segment via refining logistics assets, pipelines, terminals, towboats and barges; gathers, processes and transports natural gas; and gathers, transports, fractionates, stores and markets NGLs. Marathon Petroleum was founded in 1887 and is headquartered in Findlay, OH.

$. MPC price fluctuates within 4.28% (three month std-dev: 3.78%) daily (68% of days).

Sample size 19 Average positive next day return: 0.9%(47%) Average negative next day return: -0.8%(53%) Sample size 19 Average positive next three day return: 2.74%(63%) Average negative next three day return: -2.08%(37%) Sample size 19 Average positive next weekly return: 4.15%(68%) Average negative next weekly return: -3.37%(32%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210215

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_15_2021	35.73	42.28	43.68	44.6	44.66	44.67	43.98(-3.38%)	UD	OpenLong	75	-0.3	18	10	2	67	7.63	66%	0.25	37.6	3.78%	-1	0.9	62	0.7
2	Jan_14_2021	35.64	42.15	43.44	44.44	44.33	44.86	45.52(2.71%)	UT	OpenLong	75	0.6	23	80	8	68	8.79	66%	0.31	33	3.75%	1.4	1.9	68	1.2
3	Jan_13_2021	35.53	41.97	43.04	44.17	44.06	44.66	44.32(-2.76%)	UD	OpenLong	75	0.1	32	90	17	75	7.21	64%	0.23	31.8	3.75%	0.2	1.5	71	1.4
4	Jan_12_2021	35.45	41.78	42.68	43.89	43.83	43.81	45.58(4.57%)	UT	HoldLong	65	1.1	31	-10	16	74	10.45	64%	0.25	24.7	3.76%	1.9	2.5	77	1.1
5	Jan_11_2021	35.36	41.62	42.18	43.2	43.4	43.47	43.59(0.95%)	UT	OpenLong	75	0.3	17	30	4	57	4.22	62%	0.23	14.7	3.73%	-0.6	1.6	67	0.2

6	Jan_8_2021	35.28	41.61	41.94	42.63	43.12	43.86	43.18(-2.24%)	UD	OpenLong	75	0.5	26	150	17	53	5.25	63%	0.23	12.8	3.76%	-0.5	1.3	64	1.6
7	Jan_7_2021	35.2	41.57	41.74	42.26	42.44	43.33	44.17(2.84%)	UT	OpenLong	75	1.6	30	160	24	47	6.39	63%	0.2	11.5	3.81%	1.4	2.1	61	1.5
8	Jan_6_2021	35.13	41.46	41.28	41.74	41.87	42.37	42.95(2.04%)	UT	OpenLong	75	1.1	22	90	20	26	6.82	63%	0.17	12.2	3.81%	0.6	1.4	51	-0.4
9	Jan_5_2021	35.07	41.41	40.95	41.3	41.47	41.55	42.09(3.29%)	UT	OpenLong	75	0.7	8	30	8	9	5.85	64%	0.11	14.8	3.81%	0.9	0.6	57	-0.5
10	Jan_4_2021	35.03	41.44	40.77	41.04	41.47	41.36	40.75(-1.47%)	DT	OpenShort	-75	-0.3	-4	40	-2	-10	4.17	64%	0	14.5	3.81%	-1.5	-0.7	39	-1.6

11	Dec_31_2020	35.03	41.46	40.76	41.13	41.23	41.39	41.36(-0.51%)	DP	OpenShort	-65	0.2	-1	30	5	-17	3.36	61%	0.09	14.6	3.81%	0.5	-0.1	37	1.2
12	Dec_30_2020	35	41.43	40.77	41.12	41.1	41.09	41.57(2.06%)	DP	OpenShort	-65	0.4	-1	-0	6	-20	3.08	61%	0.14	6.8	3.88%	1.1	0.1	45	1.3
13	Dec_29_2020	34.95	41.33	40.81	40.74	40.96	41.08	40.73(-0.12%)	DP	OpenShort	-65	-0	-5	40	4	-30	3.36	61%	0.09	-9.4	3.88%	0.4	-0.5	43	0.2
14	Dec_28_2020	34.92	41.25	40.82	40.54	40.69	41.11	40.78(-1.04%)	DP	OpenShort	-65	0.2	-3	80	8	-37	4.26	62%	0.11	-10.5	3.89%	0.4	-0.4	44	1.2
15	Dec_24_2020	34.88	41.29	41.01	40.46	40.2	40.84	41.21(-0.24%)	DP	OpenShort	-65	0.6	-2	90	10	-39	1.99	62%	0.14	-4.5	3.89%	-2.4	-0.1	43	1.3

16	Dec_23_2020	34.83	41.3	41.24	40.33	40.01	40.27	41.31(4.13%)	DP	OpenShort	-65	0.8	-3	20	7	-34	4.9	59%	0.09	2.9	3.89%	1.5	0	53	0.5
17	Dec_22_2020	34.8	41.35	41.36	40.4	40.14	39.56	39.67(-0.2%)	DT	OpenShort	-75	-0.6	-18	-120	-13	-34	7.58	57%	0.03	10.7	3.99%	-0.9	-1.3	49	-0.7
18	Dec_21_2020	34.79	41.44	41.65	40.92	40.65	39.75	39.75(-1.49%)	DT	OpenShort	-75	-0.9	-19	-170	-19	-17	6.16	56%	0.06	24.7	3.99%	-0.7	-1.3	55	-1.6
19	Dec_18_2020	34.77	41.39	41.92	41.12	41.24	40.71	40.35(-0.57%)	DT	OpenShort	-75	-0.6	-16	-80	-20	-3	12.82	56%	0.06	29.2	4.01%	-1.4	-0.7	60	1.2
20	Dec_17_2020	34.75	41.35	42.18	41.63	41.72	41.54	40.58(-2.57%)	N/A	N/A	0	-0.7	-7	-20	-14	15	7.21	56%	0.03	51.8	4.01%	-1.9	-0.5	49	1.6

21	Dec_16_2020	34.74	41.26	42.26	42.28	42.16	41.76	41.65(-1.42%)	UD	OpenLong	65	-0.4	2	-70	-7	30	5.4	57%	0.09	64.5	3.99%	0.1	0.2	52	1.5
22	Dec_15_2020	34.71	41.21	42.17	42.48	42.53	41.91	42.25(3.66%)	N/A	N/A	0	-0.1	-2	-100	-11	27	4.99	57%	0.12	78.1	4.01%	0.1	0.7	49	0.8
23	Dec_14_2020	34.67	41.13	41.92	42.52	42.84	42.55	40.76(-5.01%)	N/A	N/A	0	-1.1	-3	-20	-11	23	6.49	57%	0.06	93.7	4.01%	-1.8	-0.2	50	-0.6
24	Dec_11_2020	34.65	40.99	41.77	42.52	42.86	43.15	42.91(-2.1%)	UD	OpenLong	75	0.1	11	50	2	37	3.65	60%	0.12	106.6	3.96%	-0.4	1.1	67	0.3
25	Dec_10_2020	34.61	40.6	41.61	42.81	42.62	43.12	43.83(2.79%)	UT	OpenLong	75	0.5	24	70	15	52	9.25	58%		94.3	3.96%	1	1.5	66	0.9
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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