EXXON MOBIL CORP (XOM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:XOM - US30231G1022 - Common Stock
Overall XOM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, XOM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that XOM is one of the better performing stocks in the market, outperforming 84% of all stocks.
- XOM is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry. XOM outperforms 80% of them.
- XOM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month XOM has a been trading in the 118.27 - 138.01 range, which is quite wide. It is currently trading near the high of this range.
- XOM has an average volume of 16590300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although XOM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
106.72
5 important support areas can be observed.
- A support zone ranging from 121.64 to 124.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 116.73 to 118.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Strong support @114.70 from a horizontal line in the daily time frame.
- Support @112.02 from a horizontal line in the daily time frame.
- Support @107.80 from a horizontal line in the daily time frame.
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 | 84.35 | POSITIVE | XOM has a high relative strength, it outperformed 84.35% off all stocks 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) | 76.67 | OVERBOUGHT | The high RSI value suggests XOM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.88 | POSITIVE | The MACD value suggests XOM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.31 | OVERBOUGHT | The high Stochastics value suggests XOM may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for XOM suggests low volalility. |
| Average Directional Index/ADX (14) | 41.45 | POSITIVE | The high ADX value value for XOM suggests a strong trend. |
137.58
+0.75 (+0.55%)
EXXON MOBIL CORP / XOM FAQ
What is the ChartMill technical rating of EXXON MOBIL CORP (XOM) stock?
ChartMill assigns a technical rating of 10 / 10 to XOM.
Can you provide the trend direction for EXXON MOBIL CORP?
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 76.6699. This indicates that the stock is currently overbought.
What is the MACD signal for EXXON MOBIL CORP (XOM) stock?
The MACD indicator for EXXON MOBIL CORP (XOM) has a value of 0.881613, indicating a bearish trend.
What are the support and resistance levels for EXXON MOBIL CORP (XOM) stock?
EXXON MOBIL CORP (XOM) has a support level at 122.03. Check the full technical report for our detailed analysis of XOM support and resistance levels.