These 2 Stocks Are Circling the Drain: Marathon Oil Corporation (MRO), Johnson & Johnson (JNJ)

Marathon Oil Corporation (NYSE:MRO) recorded -4.19% downtrend from the beginning of this year till date. The 12-month potential price target for Marathon Oil Corporation is set at $24.96. This target means that the stock has an upside potential to increase by 53.88% from the current trading price. The stock of MRO went down by -$0.6 now trading at $16.22. Their shares witnessed a 13.67% increase from the 52-week low price of $14.27 they recorded on 2018-03-02. Even though it is still -49.2% behind the $24.2 high touched on 2018-10-03. The last few days have been rough for the stock, as its price has decreased by -1.64% during the week. It has also performed poorly over the past three months, as it lost around -20.33% while it has so far climbed around 9.01% during the course of a year.

When giving their opinion, around 72.41% of Wall Street analysts, which represents 21 out of 29 rated the stock as a Buy. 8 brokerage firms of the remaining 27.59% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate MRO shares held by institutional investors represents 83.9% of total shares. 83 institutions entered new Marathon Oil Corporation (NYSE:MRO) positions, 315 added to their existing positions in these shares, 317 lowered their positions, and 67 exited their positions entirely.

Marathon Oil Corporation (MRO) trade volume has increased by 40.25% as around 18,987,554 shares were sold when compared with its 50-day average volume of traded shares which is 13,538,552. At the moment, MRO is witnessing a downtrend, as it is trading -4.31% below its 20-day SMA, -16.14% below its 50-day SMA, and -16.13% below its 200-day SMA. The company runs an ROE of roughly 5.7%, with financial analysts predicting that their earnings per share growth will be around 19% per annum for the next five year. This will be compared to the -23.3% decrease witnessed over the past five years.

The first technical resistance point for Marathon Oil Corporation (NYSE:MRO) will likely come at $16.49, marking a 1.64% premium to the current level. The second resistance point is at $16.77, about 3.28% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $15.33, the lower end of the range. MRO’s 14-day MACD is 0.28 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 39.96, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 50.57 percent, which is high when compared to that of the 50-day’s 47.03 percent.

The shares of Johnson & Johnson (NYSE:JNJ) has decreased by -0.08%, and now trading at $145.91 on the Wall Street in the intra-day deal, with their shares traded now around 11,227,744. This is a rise of 3,805,012 shares over the average 7,422,732 shares that were traded daily over the last three months. The stock that is trading at $145.91 went higher by 23.01% from its 52-week low of $118.62 that it attained back on 2018-05-29. The stock recorded a 52-week high of $148.99 nearly 3 days ago on 2018-12-04.

JNJ stock has performed well over the past 30 days, as it added 2.61% while its price climbed by 4.43% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -0.36% over the last week. The stock’s 12-month potential target price is now at $148.11. This means that the stock price might likely increase by 1.51% from its current trading price.9 out of 18 Wall Street analysts which represents 50% rated the stock as a buy while the remaining 44.44 rated it as a hold, with 5.56 of analysts rating it as a sell.

Johnson & Johnson (NYSE:JNJ) has been utilizing an ROE that is roughly 2.5%, with stock analysts predicting that the company’s EPS for the next five years will go up by 7.77% per year, following the 7.1% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 0.72% above its 20-day SMA, 3.43% above its 50-day SMA, and 10.65% above its 200-day SMA. In percentage terms, the aggregate Johnson & Johnson shares held by institutional investors is 68.6%. 86 institutions jumped in to acquire Johnson & Johnson (JNJ) fresh stake, 1190 added to their current holdings in these shares, 1193 lowered their positions, and 70 left no stake in the company.

The stock’s 9-day MACD is 1.14 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 57.08, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 19.28 percent, which is more when compared to that of the 50-day’s 16.49 percent. On the daily chart, we see that the stock could reach the first level of resistance at $147.31, sporting a 0.95% premium to the current level. The next resistance point is at $148.71, representing nearly 1.88% premium to the current market price of Johnson & Johnson (JNJ). On the other hand, failure to breach the immediate hurdles can drag it down to $141.39, the lower end of the range.