Hello! This is the news page for Exxon Mobil Corp. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
As for trends on XOM, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 day timeframe. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
XOM Moving Averages
XOM’s moving averages tell a multi-facted story about its trend. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 20 are bullish, implying a upward trend, save for a decline that occurred about 3 weeks ago.
Below is a chart showing XOM’s price with its moving averages.