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

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

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

Its immediate support is 83.35 & the resistance level is at 88.11.

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

EXXON MOBIL Technical Analysis: Daily Chart

In the daily charts, EXXON MOBIL was trading in up channel. EXXON MOBIL is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 84.63 & the resistance level is at 87.28.

EXXON MOBIL was trading in the up channel before there is breakout downside.   

How to Trade EXXON MOBIL this Week:

EXXON MOBIL will follow the downtrend until their trend reversal. So, remain bearish on EXXON MOBIL.

TRADE SUGGESTION- SELL AT 85.83, TAKE PROFIT AT 84.63 AND STOP LOSS AT 87.28

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