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Shares of MUR Up 52.3% Since Uptrend Call on Shares

Jan 14, 2021 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified an Uptrend for Murphy Oil Corp (NYSE:MUR) on November 18th, 2020 at $9.70. In approximately 2 months, Murphy Oil Corp has returned 52.27% as of today's recent price of $14.77.

In the past 52 weeks, Murphy Oil Corp share prices have been bracketed by a low of $4.50 and a high of $28.12 and are now at $14.73, 227% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 3.8%.

Murphy Oil Corporation is a worldwide oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom. The Company also has exploration and production activities in countries that include United States, Canada, the United Kingdom, Malaysia, and Ecuador. Murphy Oil has retail operations as well in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Murphy Oil Corp shares.Log in and add Murphy Oil Corp (MUR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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