Marathon Petroleum stock forecast: up to 128.01 USD MPC stock price prognosis
Forecast for Tue 16 May 2023 price
Marathon Petroleum stock price forecast for further price development up to 0.18% (time horizon: 1 day) and price target of 128.01 USD. Positive news sentiment. Short-term (time horizon: 2 weeks) Marathon Petroleum share price prediction for 2023-05-16 with daily closed price projections
News <--> Close correlation for next day influence (-0.12)
Earnings per share
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Summerized Form 10-K with GPT-2
The Midstream segment primarily reflects the results of MPLX LP ("MPLX"). Our Catlettsburg refinery has earned designation as an OSHA VPP Star site. It is the only petroleum refinery currently operating in Michigan. On February 24, 2021, MPC's board of directors approved these plans. In addition, we sell refined products for export to international customers. Properties and are incorporated herein by reference. In addition, many states where we operate have similar laws. Repeal or replacement of the rule could impact pipeline maintenance activities. The application of these regulations can result in increased compliance expenditures. Mr. Linhardt was appointed Vice President, Tax, effective February 2018. Our business is subject to numerous environmental laws and regulations. We rely on a variety of systems to transport crude oil, including rail. Even if the sale is completed, we may not realize some or all the expected benefits. ITEM 1B. UNRESOLVED STAFF COMMENTSNone.
Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.
Meta analyst score 46.89/100
Not in ideal financial position.
Historical view, profit is not growing.
Company revenue is growing faster compared with the industry.
Stock price is above book price value.
Institutional ownership list is based on filling form information
Bollinger Bollinger Bands for Marathon Petroleum can provide the information where the market is moving based on price information.
Marathon Petroleum Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.
Converting prices to returns Marathon Petroleum.
On-Balance Volume information for Marathon Petroleum. On-Balance Volume information can be an indicator for bullish or bearish outcome.
Accumulation / Distribution (A/D) indicator information for Marathon Petroleum. The indicator identify divergences between price and volume flow.
Aroon Oscillator information for Marathon Petroleum. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.
Average Directional Index (ADX) information for Marathon Petroleum. The index can be used to identify the strengh of a trend.
Moving Average Convergence Divergence (MACD) for Marathon Petroleum. The indicator helps to predict trend direction and the momentum of the trend.
Stochastic Oscillator as momentum indicator for Marathon Petroleum. The indicator is useful for identifying overbought and oversold levels.
Relative Strength Index (RSI) for Marathon Petroleum. RSI is a momentum oscillator that measures the speed and change of price development.
The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period.
Primary usage of the indicator is to identify overbought or oversold signals.
When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30
Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio
The forecast (dashed curve) of the share price performance is based on historical data.
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