EXXON MOBIL CORP.
EXXON MOBIL CORP.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
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Type: Stocks
Ticker: XOM
ISIN:

EXXON MOBIL CORP. - Daily - Technical analysis published on 08/11/2024 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 117.06 USD
My targets
121.22 USD (+1.99%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EXXON MOBIL CORP. as long as the price remains well above 117.06 USD. The buyers' bullish objective is set at 121.22 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aljoeed. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The EXXON MOBIL CORP. rating is 118.85 USD. On the day, this instrument gained +0.81% and was between 117.36 USD and 119.31 USD. This implies that the price is at +1.27% from its lowest and at -0.39% from its highest.

117.36
119.31
118.85

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this EXXON MOBIL CORP. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 108.36 113.41 117.06 118.85 121.22
Change (%) -8.83% -4.58% -1.51% - +1.99%
Change -10.49 -5.44 -1.79 - +2.37
Level Minor Major Major - Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard115.75116.56117.70118.51119.65120.46121.60
Camarilla118.31118.49118.67118.85119.03119.21119.39
Woodie115.93116.64117.88118.59119.83120.54121.78
Fibonacci116.56117.30117.76118.51119.25119.71120.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard108.90111.08114.96117.14121.02123.20127.08
Camarilla117.18117.74118.30118.85119.41119.96120.52
Woodie109.76111.51115.82117.57121.88123.63127.94
Fibonacci111.08113.39114.82117.14119.45120.88123.20


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard103.20106.81112.70116.31122.20125.81131.70
Camarilla115.98116.85117.72118.59119.46120.33121.20
Woodie104.34107.38113.84116.88123.34126.38132.84
Fibonacci106.81110.44112.68116.31119.94122.18125.81

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): 59.07
MACD (12,26,9): 0.7400
Directional Movement: 5.54
AROON (14): 35.71
DEMA (21): 117.14
Parabolic SAR (0,02-0,02-0,2): 113.25
Elder Ray (13): 1.76
Super Trend (3,10): 112.68
Zig ZAG (10): 118.85
VORTEX (21): 1.0600
Stochastique (14,3,5): 65.82
TEMA (21): 117.50
Williams %R (14): -13.60
Chande Momentum Oscillator (20): 3.84
Repulse (5,40,3): 1.9400
ROCnROLL: 1
TRIX (15,9): 0.0900
Courbe Coppock: 1.60
MA7: 116.45
MA20: 116.51
MA50: 114.31
MA100: 115.62
MAexp7: 116.97
MAexp20: 116.18
MAexp50: 115.20
MAexp100: 113.78
Price / MA7: +2.06%
Price / MA20: +2.01%
Price / MA50: +3.97%
Price / MA100: +2.79%
Price / MAexp7: +1.61%
Price / MAexp20: +2.30%
Price / MAexp50: +3.17%
Price / MAexp100: +4.46%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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