[May 18, 2012] Marathon Oil Has Returned 25.4% Since SmarTrend Recommendation (MRO) Tweet May 18, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Marathon Oil (NYSE:MRO) on March 22nd, 2012 at $32.48. In approximately 2 months, Marathon Oil has returned 25.36% as of today's recent price of $24.24. In the past 52 weeks, shares of Marathon Oil have traded between a low of $19.13 and a high of $35.49 and are now at $24.24, which is 27% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2.2%. Marathon Oil Corporation, through its subsidiaries, is an integrated oil firm with operations worldwide. The Company explores for and produces and markets liquid hydrocarbons and natural gas on a worldwide basis. Marathon also mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada and refines, markets and transports crude oil and petroleum products. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Marathon Oil. Log in and add Marathon Oil (MRO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]