RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of XOM
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Weaker technical forecast for Exxon as stock downgraded to Hold/Accumulate.
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jul 15, 2024 Gain 0.75% PDF

The Exxon stock price fell by -2.30% on the last day (Friday, 19th Jul 2024) from $118.80 to $116.07. During the last trading day the stock fluctuated 2.60% from a day low at $115.87 to a day high of $118.88. The price has risen in 7 of the last 10 days and is up by 2.38% over the past 2 weeks. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 13 million shares were bought and sold for approximately $1.47 billion.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.81% during the next 3 months and, with a 90% probability hold a price between $101.10 and $113.00 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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XOM Signals & Forecast

The Exxon stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $115.75 and $113.41. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Thursday, July 18, 2024, and so far it has fallen -2.30%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Friday, July 12, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 25, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, July 12, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 25, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Friday, July 12, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Friday, August 25, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Exxon stock

Exxon finds support from accumulated volume at $116.03 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $3.01 between high and low, or 2.60%. For the last week the stock has had daily average volatility of 2.14%.

Our recommended stop-loss: $112.55 (-3.03%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 22 days ago.)

Trading Expectations (XOM) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Exxon Mobil Corporation to open at $116.94, and during the day (based on 14 day Average True Range), to move between $113.87 and $118.27, which gives a possible trading interval of +/-$2.20 (+/-1.90%) up or down from last closing price. If Exxon Mobil Corporation takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $116.03 (0.03%) than the resistance at $116.75 (0.59%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Exxon Mobil Corporation stock A Buy?

Exxon holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.072 Hold/Accumulate Downgraded

Predicted Opening Price for Exxon Mobil Corporation of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$116.94 ( 0.749%) $116.07

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for XOM

Fibonacci Support & Resistance Levels

Level Price
R3 119.95 3.34%
R2 118.80 2.35%
R1 118.09 1.74%
Price 116.07
S1 115.79 -0.241%
S2 115.08 -0.85%
S3 113.93 -1.84%

Accumulated Volume Support & Resistance Levels

Level Price
R3 119.64 3.08%
R2 117.96 1.63%
R1 116.75 0.586%
Price 116.07
S1 116.03 -0.0345%
S2 116.00 -0.0603%
S3 110.76 -4.57%

XOM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 26, 2024 May 14, 2024 Jun 10, 2024 $0.95 0.84%
2 Feb 02, 2024 Feb 13, 2024 Mar 11, 2024 $0.95 0.87%
3 Oct 27, 2023 Nov 14, 2023 Dec 11, 2023 $0.95 0.95%
4 Jul 28, 2023 Aug 15, 2023 Sep 11, 2023 $0.91 0.797%
5 Apr 28, 2023 May 15, 2023 Sep 11, 2023 $0.91 0.797%

FAQ

What is the symbol for Exxon Stock and on which exchange is it traded?
The symbol for Exxon is XOM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Exxon Stock?
Exxon holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy Exxon Stock?
Exxon Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Exxon Stock.

What's the current price of Exxon Stock?
As of the end of day on the Jul 19, 2024, the price of an Exxon (XOM) share was $116.07.

What is the 52-week high and low for Exxon Stock?
The 52-week high for Exxon Stock is $123.75 and the 52-week low is $95.77.

What is the market capitalization of Exxon Stock?
As of the Jul 19, 2024, the market capitalization of Exxon is 520.682B.

When is the next earnings date for Exxon?
The upcoming earnings date for Exxon is Aug 02, 2024.
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About Exxon Mobil Corporation

Exxon Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various othe... XOM Profile

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