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Exxon Mobil Corp (XOM) Breaks Through Support at $44.04

May 22, 2020 (SmarTrend(R) News Watch via COMTEX) --
Shares of Exxon Mobil Corp (NYSE:XOM) have bearishly opened below the pivot of $44.91 today and have reached the first support level of $44.04. Investors may be interested in a cross of the next downside pivot targets of $43.51 and $42.11.

Over the past year, Exxon Mobil Corphas traded in a range of $0.00 to $77.93 and are now at $0.00. The 200-day and 50-day moving averages have moved 1.09% lower and 0.54% higher over the past week, respectively.

There is potential upside of 0.0% for shares of Exxon Mobil Corp based on a current price of $0.00 and an average consensus analyst price target of $86.38. The stock should run into initial resistance at its 50-day moving average (MA) of $41.20 and subsequent resistance at its 200-day MA of $60.24.

SmarTrend is tracking the current trend status for Exxon Mobil Corp and will alert subscribers who have XOM in their portfolio or watchlist when shares have changed trend direction.

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