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Archive - 6/6/2025 - 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 a first positive week for the Exxon Mobil Corp. (XOM). During the week, the XOM gained 1.97 points, or 1.93%, and closed at 104.27 on Friday, June 6, 2025. It was the best weekly gain since April 17, 2025. Weekly volume was 7% above average. XOM is a member of Energy Sector. Energy is the most oversold sector. XOM is a member of Integrated Oil & Gas Industry. Integrated Oil & Gas is the fifth 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 (119.27) 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 94.11 and resistance is at 117.36. 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. Use the following link to access a MACD help.
Short-term trend: [See XOM short-term trend chart] A short-term downtrend had started on May 13, 2025 at 110.51 and reached 101.19 on May 30, 2025. XOM lost 9.32 points, or 8.43%, in 17 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (104.17). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a short-term trend.
Daily Technical Indicators: [See XOM daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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. The daily MACD line is below its signal line since May 20, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. A Parabolic SAR (stop and reversal) indicator (104.6) comes close to the price (104.27). It indicates that the trend is getting weaker. 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. The price is close to 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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