Exxon Mobil Technical Analysis, Trade Signals and Trading Tips

Exxon Mobil Technical Analysis, Trade Signals and Trading Tips

Exxon Mobil Technical Analysis

EXXON MOBIL Technical Analysis: Weekly Chart

Exxon Mobil Technical Analysis

In the weekly charts, EXXON MOBIL is trading in an up channel. EXXON MOBIL is currently trading above all SMA.

RSI is in over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 93.87 & the resistance level is at 99.74.

EXXON MOBIL will trade in the up channel until there is trend reversal.

EXXON MOBIL Technical Analysis: Daily Chart

Exxon Mobil Technical Analysis

In the daily charts, EXXON MOBIL is trading in an up channel. EXXON MOBIL is currently trading below 20 days SMA & above 50 and 100 days SMA.

RSI is in selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 95.13 & the resistance level is at 97.95.

EXXON MOBIL will trade in the up channel until there is trend reversal.   

How to Trade EXXON MOBIL this Week:

EXXON MOBIL will follow the uptrend until their trend reversal. So, remain bullish on EXXON MOBIL.

TRADE SUGGESTION- BUY AT 96.07, TAKE PROFIT AT 97.95 AND STOP LOSS AT 95.13

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