Murphy Oil Stock Forecast

Sell candidate since Aug 05, 2026 Loss -1.53%

The Murphy Oil Corporation stock price gained 6.35% on the last trading day (Monday, 10th Aug 2026), rising from $33.37 to $35.49. During the last trading day the stock fluctuated 5.22% from a day low at $33.98 to a day high of $35.75. The price has fallen in 6 of the last 10 days and is down by -5.36% for this period. Volume fell on the last day by -869 thousand shares and in total, 1 million shares were bought and sold for approximately $48.32 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.45% during the next 3 months and, with a 90% probability hold a price between $28.37 and $36.93 at the end of this 3-month period.

MUR Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, August 06, 2026, and so far it has risen 7.42%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Murphy Oil Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $36.40 and $35.60. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Murphy Oil Corporation stock

Murphy Oil Corporation finds support from accumulated volume at $34.62 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.78 between high and low, or 5.22%. For the last week, the stock has had daily average volatility of 5.60%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MUR) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Murphy Oil Corporation to open at $35.07, and during the day (based on 14 day Average True Range), to move between $34.63 and $36.35, which gives a possible trading interval of +/-$1.73 (+/-4.99%) up or down from last closing price. If Murphy Oil Corporation takes out the full calculated possible swing range there will be an estimated 4.99% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $36.02 (1.49%) than the support at $34.62 (2.45%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Dividend Warning For MUR

Dividend coming up for MUR: Ex-dividend date (Monday 17th August, 2026) is 6 days away. The dividend is $0.350.

Is Murphy Oil Corporation stock A Buy?

Murphy Oil Corporation holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.875 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - $35.07 ( 1.18%).

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