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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 30.11 and 26.35. If the stock breaks down through support at 30.11 then it will probably continue lower to 26.35. The stock has resistance at 49.22 and at 55.76. If the stock breaks up through resistance at 49.22 then it will probably continue higher to 55.76. The 200-day moving average is at 65.65. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (46.84).”
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