EXXON MOBIL CORP (XOM) Stock Technical Analysis
USA - NYSE:XOM - US30231G1022 - Common Stock
Taking everything into account, XOM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, XOM is only an average performer.
XOM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 119.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 117.63, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
101.28
5 important support areas can be observed.
- A support zone ranging from 114.40 to 117.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.35 to 112.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @107.80 from a horizontal line in the daily time frame.
- A support zone ranging from 104.18 to 105.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @102.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 119.04 to 121.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for XOM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for XOM is up. |
| ChartMill Relative Strength | 60.84 | NEUTRAL | XOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of XOM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of XOM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of XOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for XOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests XOM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.18 | NEUTRAL | The Stochastics value for XOM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.73 | LOW VOLATILITY | The low ATR as a percentage value for XOM suggests low volalility. |
| Average Directional Index/ADX (14) | 18.3 | NEGATIVE | The low ADX value for XOM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 121.38 | 113.63 | 7.75 (6.38%) | 15.66% |
| An entry @121.38. This is a Buy Stop order right above the resistance zone. | An exit @113.63. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.75 points, which is 6.38%. | For a 1.00% total portfolio risk, you can invest 15.66% of your capital in this trade. |
- 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.
119.03
+1.35 (+1.15%)
EXXON MOBIL CORP / XOM FAQ
What is the ChartMill technical rating of EXXON MOBIL CORP (XOM) stock?
ChartMill assigns a technical rating of 8 / 10 to XOM.
What is the trend direction for XOM stock?
The current trend direction for EXXON MOBIL CORP (XOM) is Bullish.
What is the RSI signal for EXXON MOBIL CORP (XOM) stock?
EXXON MOBIL CORP (XOM) has an RSI value of 60.8006. This indicates that the stock is currently neutral.
Can you provide the MACD signal for EXXON MOBIL CORP?
The MACD indicator for EXXON MOBIL CORP (XOM) has a value of 0.272124, indicating a bearish trend.
Can you provide the buy/sell signal for EXXON MOBIL CORP?
The buy/sell signal for EXXON MOBIL CORP (XOM) is buy as both the short term and long term trends are positive.