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 rallied 3.25% in the last session while venting off oversold saturation in the RSI, amid the dominance of the main downward trend, with negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, targeting the support of 45.80.
Expected trend for today: Bearish