Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
ExxonMobil's stock (XOM) rose in the intraday levels, scoring a small profit of 0.16% in the last session, or 0.13 points, with a noticeable rise in trading volumes, while the stock trades alongside the downward short-term trend line, with negative signals from the RSI, countered with positive support from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 80.16, as long as the resistance of 84.14 holds on.