Murphy Oil Corp.
Here’s whether Murphy Oil Corp. (MUR) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 41 — healthy momentum range; strong 1-year return of +48.9%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.01% over 10 days); 3-month momentum negative (-14.9%); rising volume on a downtrend (distribution, 1.23x avg). Currently 20.2% off its 52-week high. Score: -3/7.
MUR is trading below its 200-day MA ($34.81) — a key warning sign the longer-term trend is under pressure. An RSI of 40.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +48.9% compares to +20.4% for SPY (beat the market by 28.5%). The current 20.2% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.