On Tuesday, Marathon Oil ( MRO ) received an upgrade to its Relative Strength ( RS ) Rating , from 66 to 72.
[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks tend to have an RS Rating of over 80 as they begin their biggest climbs. See if Marathon Oil can continue to rebound and hit that benchmark.
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Marathon Oil is working on a cup with handle with a 16.69 buy point . See if it can clear the breakout price in heavy trade.
Top and bottom line growth moved higher last quarter. Earnings were up 38%, compared to 0% in the prior report. Revenue increased from -4% to 26%.
Marathon Oil earns the No. 13 rank among its peers in the Oil & Gas-Integrated industry group. ( OMP ), Ecopetrol ( EC ) and Royal Dutch Shell (RDSA) are among the top 5 highly rated stocks within the group.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
