Murphy Oil's 15min chart shows bearish Marubozu with Bollinger Bands expanding downward.

Murphy Oil's 15-minute chart has triggered an expanding downward Bollinger Bands pattern, accompanied by a bearish Marubozu at 08/19/2025 14:00. This indicates that the market trend is being dominated by sellers, who are exerting significant control over the market. Consequently, it is likely that bearish momentum will persist in the near term.

Murphy Oil Corporation (MUR) experienced a significant market shift on August 19, 2025, with its 15-minute chart triggering an expanding downward Bollinger Bands pattern and a bearish Marubozu at 14:00. This technical indicator suggests that the market trend is being dominated by sellers, exerting significant control over the market. Consequently, it is likely that bearish momentum will persist in the near term.

The Bollinger Bands, a volatility indicator, consist of a middle band (simple moving average) and two outer bands (standard deviations above and below the middle band). An expanding downward Bollinger Bands pattern indicates increasing volatility and a potential trend reversal. The appearance of a bearish Marubozu candlestick pattern further supports this bearish sentiment. A Marubozu candlestick is characterized by a long body without any upper or lower wicks, suggesting strong selling pressure with no reversal.

Murphy Oil's stock price ended at $22.38 on Monday, August 18, 2025, after losing 2.57%. The stock has fallen in six of the last ten days and is down by -5.01% for this period. The increasing volume on falling prices is an early warning sign, indicating that the stock should be followed closely [3].

Analysts have provided mixed outlooks for Murphy Oil. According to Capital One Financial, the consensus analyst rating is "Hold" with an average price target of $29.69. The company recently declared a quarterly dividend of $0.325 per share, resulting in an annualized dividend yield of 5.7%. Despite the positive dividend, the stock holds several negative signals, including sell signals from both short and long-term Moving Averages and a general sell signal from the MACD [4].

Murphy Oil finds support from accumulated volume at $21.67. This level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. The stock has average daily volatility of 2.97%, and the risk is considered to be medium. The recommended stop-loss is not set due to the negative evaluation of the stock [3].

For the upcoming trading day on Tuesday, August 19, 2025, Murphy Oil is expected to open at $22.39 and move between $21.90 and $22.86, which gives a possible trading interval of +/-$0.95 (+/-4.35%) up or down from the last closing price. The stock is closer to the resistance from accumulated volume at $22.86 than the support at $21.67, making the trading risk/reward intra-day unattractive [3].

In conclusion, Murphy Oil Corporation's bearish momentum is likely to persist in the near term, given the expanding downward Bollinger Bands pattern and the appearance of a bearish Marubozu candlestick. Investors should be cautious and monitor the stock closely for any potential buying opportunities.

References:
[1] https://www.ainvest.com/news/stock/eog/
[2] https://www.ainvest.com/news/mercadolibre-15min-chart-shows-kdj-death-cross-bearish-marubozu-2508/
[3] https://stockinvest.us/stock/MUR
[4] https://www.marketbeat.com/instant-alerts/capital-one-financial-forecasts-murphy-oil-q1-earnings-2025-08-14/