US Energy · open buy, week 10
Marathon Petroleum surges 10.2%: trend strong, but volume starts to fade
US Energy · open buy, week 10
Our view last week
Marathon Petroleum gained 6.5% this week and closed into a very tight box, squeezed between support and resistance right under its all-time highs. Last week the stock was already hugging the highs; now the push continues, but volume is contracting and candle-body conviction is fading — early fatigue signs in a rally that's still holding firm. The buy signal remains up double digits since entry.
This week's summary
Marathon Petroleum shares are accelerating again: up 10.2% this week and back within reach of their all-time highs, with a weekly structure that's firmly bullish — RSI at 74.5 and the ADX climbing, the trend gaining conviction. Same story as last week, though: volume keeps contracting, a caution flag in this swing trading setup for anyone tempted to chase the rally. The buy signal has been open for 10 weeks and is up 27.66% since entry.
IQS Phase
78
in tension
Signal Strength
59
medium
Sizing
STANDARD
Ranking
#45 / 112
US stocks in progress
Trade P&L %
+27.66%
from signal to today
restricted Platinum content