On Friday, Marathon Oil stock earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 72.
As you try to find the best stocks to buy and watch, keep a close on eye on relative price strength.
This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to the rest of the market.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 as they begin their biggest runs. See if Marathon Oil stock can continue to rebound and hit that benchmark.
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Is Marathon Oil Stock A Buy?
Marathon Oil stock is currently trading in a consolidation and is not near an ideal entry right now. See if the energy stock is able to form and break out from a proper chart pattern. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The integrated oil company posted negative growth for both the top and bottom lines last quarter. Marathon Oil is expected to release its next quarterly numbers on or around Nov. 1.
Marathon Oil stock earns the No. 17 rank among its peers in the Oil & Gas-Integrated industry group. Williams Cos and TotalEnergies ADR are also among the group's highest-rated stocks.
