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Next Support Level for Exxon Mobil Corp (XOM) is $88.45

Aug 04, 2022 (SmarTrend(R) News Watch via COMTEX) --
Exxon Mobil Corp (NYSE:XOM) has opened bearishly below the pivot of $92.08 today and has reached the first level of support at $89.73. Analysts will be watching for a cross of the next downside pivot targets of $88.45 and $84.82.

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 $88.90, 71% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Exxon Mobil Corp (NYSE:XOM) is currently priced 2.8% above its average consensus analyst price target of $86.38. The stock should find initial support at its 50-day moving average (MA) of $62.70 and further support at its 200-day MA of $59.62.

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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