EXXON MOBIL CORP (XOM)       116.01  +2.45 (+2.16%)

116.01  +2.45 (+2.16%)

US30231G1022 - Common Stock - Premarket: 115.36 -0.65 (-0.56%)

Technical Rating

9

Overall XOM gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, XOM is showing a nice and steady performance.



The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, XOM did better than 91% of all other stocks. We also observe that the gains produced by XOM over the past year are nicely spread over this period.
XOM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 388 stocks in the same industry.
XOM is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month XOM has a been trading in the 99.23 - 117.78 range, which is quite wide. It is currently trading near the high of this range.
XOM has an average volume of 17044200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

Statistics

1 Month 3 Months 6 Months 12 Months 5.18% 3.29% 31.16% 42.50% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 91.61 74.03 - 117.78
XOM Weekly chart
XOM Daily chart

Support/Resistance Analysis


81.44

118.94
When analyzing the support we can see 5 important areas.
  • A support zone ranging from 109.89 to 113.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 103.54 to 103.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @97.97 from a trend line in the weekly time frame.
  • Support @84.46 from a horizontal line in the daily time frame.
  • Support @82.26 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
  • A resistance zone ranging from 116.02 to 117.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

7

Besides having an excellent technical rating, XOM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 116.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 113.8, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

Possible Trading Setup

The following trade can be suggested based on the decent technical rating and setup score.


ENTRYEXITDISTANCECAPITAL
117.77109.887.89 (6.70%)14.93%
An entry @117.77. This is a Buy Stop order right above the resistance zone.An exit @109.88. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 7.89 points, which is 6.70%.When investing 14.93% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
XOM Daily chart

EXXON MOBIL CORP116.01

NYSE:XOM (1/31/2023, 7:09:48 PM)+2.45 (+2.16%)

Premarket: 115.36 -0.65 (-0.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Energy
GICS Industry Oil, Gas & Consumable Fuels

Performance
Today 2.16% 1 Week 1.93%
2 Weeks 2.73% 1 Month 5.18%
3 Month 3.29% 6 Month 31.16%

Volatility
ATR(14) 3.65 ATR(20)% 3.06%
ATR Inc 20.82% Range Today 5.97

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 91.61 Mansfield 1.91
10 Day High 117.78 10 Day Low 99.23
20 Day High 117.78 20 Day Low 99.23
52 Week High 117.78 52 Week Low 74.03
CS1 End 113.8 CR1 Start 116.02

Volume & EV
DER(3) -0.52% DER(5) 1.27%
Volume 27.86M Volume Incr 29.77%
Vol(5) 18.93M Vol(50) 17.04M

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