Murphy USA could regain its upward trend after having ran out of steam.

The group benefit from upward revisions of earnings per share and has growth characteristics.

Murphy USA shows a bullish configuration in the medium and long term. In weekly data, moving averages are well-oriented. The current pattern shows a trend that remains very progressive, nevertheless, a consolidation phase have just begun and the return on the USD 59.4 support should be considered as an opportunity.

In presence of this pattern, a technical rebound seem to happen in the USD 59.4 area. Investors could open long trades on this level in order to profit of an interesting entry point with a stop-loss below this medium term support.