EXXON MOBIL CORP. - 1H - Technical analysis published on 12/07/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 39.15 USD
My targets
41.94 USD (+1.90%)
44.97 USD (+9.26%)
My analysis
The bullish trend is currently very strong on EXXON MOBIL CORP.. As long as the price remains above the support at 39.15 USD, you could try to benefit from the boom. The first bullish objective is located at 41.94 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 44.97 USD as an objective. Crossing it would then enable buyers to target 47.46 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EXXON MOBIL CORP. rating is 41.16 USD. The price registered a decrease of -1.25% on the session with the lowest point at 40.67 USD and the highest point at 41.54 USD. The deviation from the price is +1.20% for the low point and -0.91% for the high point.40.67
41.54
41.16
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EXXON MOBIL CORP.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EXXON MOBIL CORP. in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 10 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 35.26 | 37.99 | 39.15 | 41.16 | 41.94 | 44.97 | 47.46 |
| Change (%) | -14.33% | -7.70% | -4.88% | - | +1.90% | +9.26% | +15.31% |
| Change | -5.90 | -3.17 | -2.01 | - | +0.78 | +3.81 | +6.30 |
| Level | Intermediate | Major | Minor | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 39.86 | 40.25 | 40.97 | 41.36 | 42.08 | 42.47 | 43.19 |
| Camarilla | 41.38 | 41.48 | 41.58 | 41.68 | 41.78 | 41.88 | 41.99 |
| Woodie | 40.02 | 40.33 | 41.13 | 41.44 | 42.24 | 42.55 | 43.35 |
| Fibonacci | 40.25 | 40.68 | 40.94 | 41.36 | 41.79 | 42.05 | 42.47 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.39 | 36.68 | 39.18 | 40.47 | 42.97 | 44.26 | 46.76 |
| Camarilla | 40.64 | 40.99 | 41.33 | 41.68 | 42.03 | 42.38 | 42.72 |
| Woodie | 36.00 | 36.98 | 39.79 | 40.77 | 43.58 | 44.56 | 47.37 |
| Fibonacci | 36.68 | 38.13 | 39.02 | 40.47 | 41.92 | 42.81 | 44.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.25 | 27.01 | 32.57 | 37.33 | 42.89 | 47.64 | 53.20 |
| Camarilla | 35.29 | 36.24 | 37.18 | 38.13 | 39.08 | 40.02 | 40.97 |
| Woodie | 22.66 | 27.21 | 32.97 | 37.53 | 43.29 | 47.84 | 53.60 |
| Fibonacci | 27.01 | 30.95 | 33.38 | 37.33 | 41.27 | 43.70 | 47.64 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.12 | |
| MACD (12,26,9): | 0.4400 | |
| Directional Movement: | -0.17 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 41.39 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.60 | |
| Elder Ray (13): | 0.18 | |
| Super Trend (3,10): | 40.06 | |
| Zig ZAG (10): | 41.27 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 65.67 | |
| TEMA (21): | 41.56 | |
| Williams %R (14): | -28.76 | |
| Chande Momentum Oscillator (20): | 1.00 | |
| Repulse (5,40,3): | 0.3500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1600 | |
| Courbe Coppock: | 5.54 |
| MA7: | 39.97 | |
| MA20: | 38.56 | |
| MA50: | 35.18 | |
| MA100: | 37.45 | |
| MAexp7: | 41.19 | |
| MAexp20: | 40.83 | |
| MAexp50: | 40.12 | |
| MAexp100: | 39.05 | |
| Price / MA7: | +2.98% | |
| Price / MA20: | +6.74% | |
| Price / MA50: | +17.00% | |
| Price / MA100: | +9.91% | |
| Price / MAexp7: | -0.07% | |
| Price / MAexp20: | +0.81% | |
| Price / MAexp50: | +2.59% | |
| Price / MAexp100: | +5.40% |
Quotes :
2020-12-07 17:04:20
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15 min delayed data
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NYSE Stocks
News
The latest news and videos published on EXXON MOBIL CORP. at the time of the analysis were as follows:
- Thinking about trading options or stock in Moderna, Exxon Mobil, American Airlines, Blink Charging, or Ambarella?
- Thinking about trading options or stock in Intel Corp, Moderna, General Electric, American Airlines, or Exxon Mobil?
- Thinking about trading options or stock in Pfizer, Nio, Exxon Mobil, Roku, or Shopify?
- ExxonMobil to Prioritize Capital Investments on High-Value Assets
- Thinking about trading options or stock in Tesla, Exxon Mobil, Royal Caribbean Cruises, Tilray, or United Airlines?
This member declared not having a position on this financial instrument or a related financial instrument.
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