EXXON MOBIL CORP (XOM) Stock Technical Analysis
NYSE:XOM • US30231G1022
We assign a technical rating of 10 out of 10 to XOM. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, XOM did better than 87% of all other stocks.
- A new 52 week high is currently being made by XOM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month XOM has a been trading in the 138.06 - 159.60 range, which is quite wide. It is currently trading near the high of this range.
- XOM has an average volume of 20139300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- XOM is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, XOM did better than 66% of them.
Although XOM has an excellent technical rating, the quality of the presented setup is not ideal 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
We found 5 important support areas.
- A support zone ranging from 146.18 to 149.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.65 from a trend line 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 154.23 to 155.57. 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 | 87.44 | POSITIVE | XOM has a high relative strength, it outperformed 87.44% 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) | 65.83 | NEUTRAL | The RSI value for XOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.54 | NEGATIVE | The MACD value suggests XOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.31 | NEUTRAL | The Stochastics value for XOM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for XOM suggests some volalility. |
| Average Directional Index/ADX (14) | 42.78 | POSITIVE | The high ADX value value for XOM suggests a strong trend. |
154.22
+1.72 (+1.13%)
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 65.8283. This indicates that the stock is currently neutral.
What is the MACD signal for EXXON MOBIL CORP (XOM) stock?
The MACD indicator for EXXON MOBIL CORP (XOM) has a value of -0.543996, 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 149.95 and a resistance level at 154.23. Check the full technical report for our detailed analysis of XOM support and resistance levels.