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Archive - 5/23/2025 - Sign In to see current Signals. |
Exxon Mobil Corp. (XOM) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :      Move cursor over the icon to see details.
| | It was the negative week for the Exxon Mobil Corp. (XOM). During the week, the XOM dropped -5.16 points, or -4.77%, and closed at 103.03 on Friday, May 23, 2025. Weekly volume was -7% below average. XOM is a member of Energy Sector. Energy is the second most oversold sector. XOM is a member of Integrated Oil & Gas Industry. Integrated Oil & Gas is the fourth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See XOM long-term trend chart] A long-term uptrend had started on March 23, 2020 at 30.11 and reached 126.34 on October 7, 2024. XOM gained -96.23 points, or -319.59%, in 237 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (118.66) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. XOM may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See XOM medium-term trend chart] A medium-term downtrend had started on October 7, 2024 at 126.34 and reached 97.80 on April 10, 2025. XOM lost 28.54 points, or 22.59%, in 26 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 94.08 and resistance is at 117.72. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See XOM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since April 4, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See XOM short-term trend chart] A short-term uptrend had started on April 10, 2025 at 97.80 and reached 110.51 on May 13, 2025. XOM gained -12.71 points, or -13.00%, in 33 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (107.68) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. XOM may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See XOM daily technical indicators chart] Daily Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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