NYSE trade advice (C): US consumer discretionary stock | 5-6% gain | USA stock trading signal on 2 Apr 2024

Date
April 2, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
NYSE, United States of America

Short Term Trading Advice in USA

  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Murphy USA
  • 420 – 426
  • 446 – 450
  • Below 410
  • 5% – 6%
  • 14 - 15 Days
  • Buy
    Murphy USA
  • Buy
    Range
    420 – 426
  • Target
    446 – 450
  • Stoploss
    Below 410
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.

    Murphy USA (NYSE: MUSA) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • MUSA
  • Murphy USA
  • Consumer Discretionary
  • 429.59
  • 248.75
  • NYSE code MUSA
  • Stock Name Murphy USA
  • Sector Consumer Discretionary
  • 52 Weeks High 429.59
  • 52 Weeks Low 248.75
  • Murphy USA (NYSE: MUSA) vs NYSE - Relative Strength Comparison

    The image compares Murphy USA's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    MUSA —   NYSE —

  • Murphy USA (NYSE: MUSA) - Technical Analysis (Daily)

    Murphy USA - Technical Analysis chart on Daily Price and Volume
    Murphy USA - Technical Analysis chart on Daily Price and Volume

    • Price is in a strong uptrend and has continuously been making Higher Highs and Lows.
    • Every time after breakout, price came back to retest the breakout zone, which is considered very healthy for any stock.
    • With a fresh breakout, price might continue its trend and reach to the upper levels in coming days.
  • Murphy USA (NYSE: MUSA) - RSI Indicator

    Murphy USA stock analysis based on RSI Indicator
    Murphy USA - RSI Indicator

    • Current RSI of this stock is 65.07, which indicates the strength of buyers.

  • Murphy USA (NYSE: MUSA) - MA Crossover

    Murphy USA stock analysis based on MA Crossover
    Murphy USA - MA Crossover

    • The short length moving average (10 SMA) has just crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Murphy USA (NYSE: MUSA) - ADX & DI Indicator

    Murphy USA stock analysis based on ADX & DI Indicator
    Murphy USA - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Murphy USA (NYSE: MUSA) Stock Price Forecast

    Based on our recommendation for wall street stocks in NYSE & NASDAQ, Murphy USA stock price target will be USD 446 - USD 450 in the next 14-15 trading sessions.

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    Stoploss reached. Trade closed.

    23 days
    1 May 2024
    2 Apr 2024
    Loss per
    100,000 SAR
    23 days
    -2,381
    Stop-loss
    1 May 2024
    410
    Buy Advice
    2 Apr 2024
    420 – 426
    Target 1
    446
    Target 2
    450
    Profit per
    100,000 SAR
    -2,381
    410
    420 – 426
    446
    450
    23 days
    1 May 2024
    2 Apr 2024
    Loss per
    100,000 SAR
    23 days
    -2,381
    Stop-loss
    1 May 2024
    410
    Buy Advice
    2 Apr 2024
    420 – 426
    Target 1
    446
    Target 2
    450
    Profit per
    100,000 SAR
    -2,381
    410
    420 – 426
    446
    450
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Murphy USA
  • 420 – 426
  • 446 – 450
  • Below 410
  • 5% – 6%
  • 14 - 15 Days
  • Buy Murphy USA
  • Buy
    Range
    420 – 426
  • Target 446 – 450
  • Stoploss Below 410
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Murphy USA
  • 420 – 426
  • 446 – 450
  • Below 410
  • 5% – 6%
  • 14 - 15 Days
  • Buy
    Murphy USA
  • Buy
    Range
    420 – 426
  • Target
    446 – 450
  • Stoploss
    Below 410
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Murphy USA (NYSE: MUSA) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • MUSA
  • Murphy USA
  • Consumer Discretionary
  • 429.59
  • 248.75
  • NYSE code MUSA
  • Stock Name Murphy USA
  • Sector Consumer Discretionary
  • 52 Weeks High 429.59
  • 52 Weeks Low 248.75
  • Company profile

    Murphy USA Inc. operates over 1,700 gasoline and convenience merchandise stores primarily in the Southwest, Southeast, Midwest, and Northeast regions of the United States. The company’s marketing segment includes retail stores, product supply, and wholesale assets. Murphy USA and Murphy Express are the main brand names for their retail gasoline stores, often located near Walmart Supercenters. They also market gasoline and other products through standalone stores under the Murphy Express and QuickChek brands. With a network in approximately 27 states, Murphy USA is a leading retailer in the industry. They distribute fuel to unbranded wholesale customers using their own distribution terminals and third-party pipelines.

  • Murphy USA (NYSE: MUSA) vs NYSE - Relative Strength Comparison

    The image compares Murphy USA's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    MUSA —   NYSE —

  • Murphy USA (NYSE: MUSA) - Technical Analysis (Daily)

    Murphy USA - Technical Analysis chart on Daily Price and Volume
    Murphy USA - Technical Analysis chart on Daily Price and Volume

    • Price is in a strong uptrend and has continuously been making Higher Highs and Lows.
    • Every time after breakout, price came back to retest the breakout zone, which is considered very healthy for any stock.
    • With a fresh breakout, price might continue its trend and reach to the upper levels in coming days.
  • Murphy USA (NYSE: MUSA) - RSI Indicator

    Murphy USA stock analysis based on RSI Indicator
    Murphy USA - RSI Indicator

    • Current RSI of this stock is 65.07, which indicates the strength of buyers.

  • Murphy USA (NYSE: MUSA) - MA Crossover

    Murphy USA stock analysis based on MA Crossover
    Murphy USA - MA Crossover

    • The short length moving average (10 SMA) has just crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Murphy USA (NYSE: MUSA) - ADX & DI Indicator

    Murphy USA stock analysis based on ADX & DI Indicator
    Murphy USA - ADX & DI Indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Conclusion - Murphy USA (NYSE: MUSA) Stock Price Forecast

    Based on our recommendation for wall street stocks in NYSE & NASDAQ, Murphy USA stock price target will be USD 446 - USD 450 in the next 14-15 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website