The Relative Strength (RS) Rating for Marathon Oil stock entered a new percentile Monday, with a rise from 75 to 82.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an 80 or better RS Rating as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
Is Marathon Oil Stock A Buy?
While it's not currently an ideal time to buy shares amid the current stock market outlook of uptrend under pressure, see if Marathon Oil stock goes on to offer and clear a proper buy point.
The integrated oil company posted negative growth for both sales and earnings last quarter.
Marathon Oil stock earns the No. 17 rank among its peers in the Oil & Gas-Integrated industry group. Antero Midstream and Williams Cos are also among the group's highest-rated stocks.