$XOM Exxon Mobil Corporation Stock Robo Analyst August 26 2020 #XOM
Exxon Mobil Corporation (XOM) “On a long-term technical basis, the stock (XOM) is trading below its 200-day moving average which generally implies it is in a negative trend. The new level of support is at 33.58.
The stock has support at 33.58 and 23.76. If the stock breaks down through support at 33.58 then it will probably continue lower to 23.76. The stock has resistance at 40.20 and at 42.22. If the stock breaks up through resistance at 40.20 then it will probably continue higher to 42.22. The 200-day moving average is at 51.83. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (11.49).”