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Next Support Level for Exxon Mobil Corp (XOM) is $92.76

Aug 01, 2022 (SmarTrend(R) News Watch via COMTEX) --
Shares of Exxon Mobil Corp (NYSE:XOM) have bearishly opened below the pivot of $96.18 today and have reached the first support level of $94.85. Investors may be interested in a cross of the next downside pivot targets of $92.76 and $89.34.

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, Exxon Mobil Corp share prices have been bracketed by a low of $52.10 and a high of $91.50 and are now at $86.11, 65% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-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_411355090/2476/2022-08-01T11:59:47

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