$XOM Exxon Mobil Corporation Stock Robo Analyst January 31 2020 #XOM
Exxon Mobil Corporation (XOM) “On a long-term technical basis, the stock (XOM) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 61.81 and 51.40. If the stock breaks down through support at 61.81 then it will probably continue lower to 51.40. The stock has resistance at 66.31 and at 70.05. If the stock breaks up through resistance at 66.31 then it will probably continue higher to 70.05. The 200-day moving average is at 71.87. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (6.54), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”