EXXON MOBIL CORP (XOM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:XOM - US30231G1022 - Common Stock
We assign a technical rating of 3 out of 10 to XOM. XOM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is bad, XOM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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 114.75, a Stop Loss order could be placed below this zone.
More info and screens
101.28
5 important support areas can be observed.
- A support zone ranging from 114.55 to 114.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 110.76 to 112.20. 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.
- Support @104.26 from a trend line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The short term trend for XOM is down. |
| ChartMill Relative Strength | 41.22 | NEUTRAL | XOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of XOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of XOM is above a declining 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) | 45.4 | NEUTRAL | The RSI value for XOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.48 | NEGATIVE | The MACD value suggests XOM has a negative trend. |
| Stochastics (14,3) | 17.8 | OVERSOLD | The low Stochastics value suggests XOM may be oversold. |
| Average True Range in percent/ATR (20) | 1.91 | LOW VOLATILITY | The low ATR as a percentage value for XOM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.38 | NEGATIVE | The low ADX value for XOM suggests a weak or negative trend. |
114.77
+0.26 (+0.23%)
EXXON MOBIL CORP / XOM FAQ
What is the ChartMill technical rating of EXXON MOBIL CORP (XOM) stock?
ChartMill assigns a technical rating of 3 / 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 45.3993. 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 -0.481096, 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 hold as the short term and long term trends are mixed.