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Exxon Mobil Corp (XOM) Crosses Pivot Point Resistance at $89.76

Jun 21, 2022 (SmarTrend(R) News Watch via COMTEX) --
Shares of Exxon Mobil Corp (NYSE:XOM) opened today above their pivot of $87.71 and have already reached the first level of resistance at $89.76. Investors may be interested in a cross of the next upside pivot targets of $93.40 and $99.09.

There is potential upside of 0.3% for shares of Exxon Mobil Corp based on a current price of $86.11 and an average consensus analyst price target of $86.38. The stock should discover initial support at its 50-day moving average (MA) of $62.70 and subsequent support at its 200-day MA of $59.62.

In the past 52 weeks, shares of Exxon Mobil Corp have traded between a low of $52.10 and a high of $91.50 and are now at $86.11, which is 65% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has remained constant.

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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comtex tracking

COMTEX_409009475/2476/2022-06-21T10:51:59

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