MPC Price Prediction Next Week
Analysis and Insights
Technical Analysis:
MPC's stock price is currently trading at 149.70, with a neutral RSI of 56.03, indicating no overbought or oversold conditions. The MACD is slightly bearish, but the stock is trading above its 50-day SMA, suggesting potential support.
News Sentiment and Fundamentals:
MPC received a top rating from Validea's Shareholder Yield Investor model, indicating strong cash return to shareholders. However, market concerns about economic momentum and tariffs, along with geopolitical risks, could impact the stock.
Fibonacci Levels:
MPC is near the Fibonacci pivot point of 142.93, with resistance at 149.94 and 154.27, and support at 135.92 and 131.59.
Prediction and Recommendation:
Given the mixed news and technical indicators, MPC is expected to trade between 145 and 155 next week. The stock is near support levels, suggesting a potential bounce.
Prediction: The stock price will likely range between 145.00 and 155.00.
Recommendation: Buy at the lower end of the range, targeting the upper resistance level.
MPC Similar Chart Price Prediction
The price of MPC is predicted to go up -3.69%, based on the high correlation periods with KIM. The similarity of these two price pattern on the periods is 96.86%.
MPC
KIM
Down: -3.69%Similarity: 96.86%
MPC Revenue Forecast
MPC EPS Forecast
MPC FAQs
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MPC VS S&P500
High-complexity facilities in the midcontinent and Gulf Coast position Marathon to capitalize on a variety of discount crude streams, endowing it with a feedstock cost advantage.
Closure of lower-quality refineries and investment in the remaining refineries as well as renewable diesel leave Marathon in a better competitive position in the long term.
European natural gas prices are likely to remain structurally higher, underpinning higher midcycle Atlantic Basin refining margins, benefiting US refiners like Marathon.
MPC Analyst's Forecast
Theresa Chen
Barclays
Buy
2025-03-14
Price Target
$159 → $161
Upside
+14.06%
Barclays raised the firm's price target on Marathon Petroleum to $161 from $159 and keeps an Overweight rating on the shares. The firm says competition is "heating up" for the midstream refiners amid the macro uncertainty.
Ryan Todd
Piper Sandler
Hold
2025-03-07
Price Target
$160 → $156
Upside
+13.41%
Justin Jenkins
Raymond James
Strong Buy
2025-01-17
Price Target
$190 → $192
Upside
+25.74%
