XOM Ranging
XOM seems to be ranging. Bullish and bearish are extremely ambivalent right now.
Currently, XOM is trading at $80.86.
We will find resistance from levels from above including the following:
81.91 from volume profile over the past 30 periods
82.34 from volume profile over the past 100 periods
83.06 from volume profile over the past 100 periods
84.40 from highs and lows over the past 30 periods
Levels from below will provide support, including:
80.80 from volume profile over the past 100 periods
80.05 from volume profile
79.81 from volume profile
79.56 from volume profile
79.38 from volume profile
78.95 from volume profile
78.77 from volume profile
76.51 from highs and lows over the past 14 periods
74.80 from highs and lows over the past 100 periods
72.16 from highs and lows
As for Technical Analysis we have the following. Volatility is much lower than average, so a breakout can be expected. The RSI indicates that we are in a bull trend, but not overbought yet. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. The 50 period SMA indicates that we are in a bear trend. Also, XOM is above the 100 period SMA, which is currently at 81, indicating bullishness. Finally, the 50 period SMA is about on par with the 100 period SMA which suggests we are ranging. The ADX suggests that XOM is ranging.
Currently, XOM is trading at $80.86.
We will find resistance from levels from above including the following:
81.91 from volume profile over the past 30 periods
82.34 from volume profile over the past 100 periods
83.06 from volume profile over the past 100 periods
84.40 from highs and lows over the past 30 periods
Levels from below will provide support, including:
80.80 from volume profile over the past 100 periods
80.05 from volume profile
79.81 from volume profile
79.56 from volume profile
79.38 from volume profile
78.95 from volume profile
78.77 from volume profile
76.51 from highs and lows over the past 14 periods
74.80 from highs and lows over the past 100 periods
72.16 from highs and lows
As for Technical Analysis we have the following. Volatility is much lower than average, so a breakout can be expected. The RSI indicates that we are in a bull trend, but not overbought yet. The MACD is above the signal line, but not to an extreme. This suggests we may have more room to appreciate. The 50 period SMA indicates that we are in a bear trend. Also, XOM is above the 100 period SMA, which is currently at 81, indicating bullishness. Finally, the 50 period SMA is about on par with the 100 period SMA which suggests we are ranging. The ADX suggests that XOM is ranging.
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