Thinking About Riding the XOM Uptrend? Read This First

The Hourly View for Exxon Mobil

  • At the moment, XOM’s price is down $-0.11 (-0.18%) from the hour prior.
  • This is the 2nd hour in a row Exxon Mobil has seen its price head down.
  • Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Exxon Mobil’s hourly price chart is shown below.

XOM

The Daily View for Exxon Mobil

  • Currently, XOM’s price is up $0.59 (0.92%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
  • Divergence alert: Trend in XOM’s price and its RSI are diverging. XOM’s price is rising slower than its RSI.

Below is a daily price chart of Exxon Mobil.

XOM

Latest News Discussing XOM