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Watch for Shares of Exxon Mobil Corp (XOM) to Approach Resistance at $59.46

Apr 29, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Exxon Mobil Corp (NYSE:XOM) have bullishly opened above the pivot of $57.79 today and have reached the first resistance level of $58.78. Should the shares continue to rise, the resistance pivots of $59.46 and $61.13 will be of interest.

Exxon Mobil Corp has overhead space with shares priced $58.94, or 31.8% below the average consensus analyst price target of $86.38. Exxon Mobil Corp shares have support at the 50-day moving average (MA) of $56.95 and additional support at the 200-day MA of $44.77.

Exxon Mobil Corp share prices have moved between a 52-week high of $62.55 and a 52-week low of $31.11 and are now trading 89% above that low price at $58.94 per share. The 200-day and 50-day moving averages have moved 0.66% higher and 0.86% higher over the past week, respectively.

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.

Write to SmarTrend at cs@mysmartrend.com

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