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Market Overview
MPC closed at 171.98 on January 28, 2026, marking a slight increase of 0.12% from the previous close but continuing a downtrend with a 30-day return of -0.29%. The stock remains below its 20-day moving average of 171.85 and near the 50-day average, indicating persistent bearish momentum. The 200-day moving average is not provided, but the RSI and momentum scores suggest subdued buying pressure. Key support is around 170.08, with resistance near 174.01. No specific upcoming events were noted that might influence price action imminently. Technical indicators confirm a consolidation phase within a downward trend. For information only.
Last Updated 1/29/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.