American Stocks Analysis

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 tries to recoup some losses - Analysis - 02-03-2020

Economies.com
2020-03-02 13:03PM UTC

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 

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