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Takip Edin: @UscMarketsXOM Stock Forecast & Exxon Mobil Corporation Chart Analysis
This article provides a detailed analysis of XOM-Exxon Mobil Corporation stock including a forecast for XOM shares. It features Exxon Mobil Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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XOM Historical Data Review
XOM Current Price Performance Analysis
The Exxon Mobil Corporation - XOM stock traded on the American stock market, on 06-05-2024, closed at 113.12$ with a %0.40 increased compared to the previous day.
In the last month, the price of XOM changed by %-3.11 decreased in value, from 116.75 dollars on 05-06-2024 to 113.12 dollars, decreased.
Last year, the price of XOM was 106.15 dollars on 06-06-2023, and changed by %6.57 increased in value, to 113.12 dollars increased within a year.
The price of Exxon Mobil Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
XOM with AI Stock Forecast & Price Target
On the XOM chart Exxon Mobil Corporation price was recorded as 113.12 Dollars on 06/05/2024.
The artificial intelligence's forecast on XOM stock is as follows.
The artificial intelligence's prediction error margin for XOM stock is moderately high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Exxon Mobil Corporation stock over the next 4 months is: 110.1 Dollars.
The commentary on XOM stock Target Price: Highest: 115.889 Dollars is predicted.
The commentary on XOM stock Target Price: Lowest: 104.487 Dollars is predicted.
Resistance Price where Exxon Mobil Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 09-23-2024 | 115.889 |
| 01-01-2025 | 108.847 |
| 02-20-2025 | 113.635 |
Support Price where Exxon Mobil Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 106.796 |
| 11-07-2024 | 104.487 |
| 01-06-2025 | 108.753 |
| 03-27-2025 | 108.260 |
The commentary on XOM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Exxon Mobil Corporation stock by the end of 2024 is predicted to be 108.527 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on XOM stock, and the 2024 target price predictions for Exxon Mobil Corporation are detailed above.
The technical analysis and charts for the commentary on XOM stock are below.
XOM Support & Resistance and Trend Analysis
XOM stock you have reviewed the technical analysis support resistance charts regarding.
XOM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the XOM review, the Exxon Mobil Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Exxon Mobil Corporation Support and Resistance Prices:
| XOM Support Level Price | XOM Resistance Level Price |
|---|---|
| 95.77 | 104.57 |
| 97.48 | 104.88 |
| 98.90 | 105.41 |
| 100.42 | 105.88 |
| 101.15 | 109.12 |
| 102.88 | 119.89 |
| 114.13 | 121.76 |
| 115.66 | 123.75 |
XOM Technical Analysis: SMA, RSI, MACD
Upon reviewing the XOM chart, buy and sell signals have been generated in the Exxon Mobil Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for XOM stock are as follows:- The technical analysis for Exxon Mobil Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Exxon Mobil Corporation stock: Click here to read more predictions on Mastercard Incorporated stock.
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