EXXON MOBIL CORP. - 1H - Technical analysis published on 11/15/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 112.01 USD
My targets
113.50 USD (+0.11%)
114.51 USD (+1.01%)
My analysis
EXXON MOBIL CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 112.01 USD. The next resistance located at 113.50 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 114.51 USD. After this resistance, buyers could then target 115.65 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by jarias81197. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EXXON MOBIL CORP. price is 113.37 USD. The price is lower by -0.51% since the last closing with the lowest point at 112.49 USD and the highest point at 114.64 USD. The deviation from the price is +0.78% for the low point and -1.11% for the high point.112.49
114.64
113.37
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of EXXON MOBIL CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
The Central Indicators scanner found no further results concerning independent technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
S3 | S2 | S1 | Price | R1 | |
---|---|---|---|---|---|
ProTrendLines | 102.76 | 106.72 | 112.01 | 113.37 | 113.75 |
Change (%) | -9.36% | -5.87% | -1.20% | - | +0.34% |
Change | -10.61 | -6.65 | -1.36 | - | +0.38 |
Level | Major | Major | Minor | - | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 110.21 | 111.35 | 112.36 | 113.50 | 114.51 | 115.65 | 116.66 |
Camarilla | 112.78 | 112.98 | 113.17 | 113.37 | 113.57 | 113.76 | 113.96 |
Woodie | 110.15 | 111.32 | 112.30 | 113.47 | 114.45 | 115.62 | 116.60 |
Fibonacci | 111.35 | 112.17 | 112.68 | 113.50 | 114.32 | 114.83 | 115.65 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 110.21 | 111.35 | 112.36 | 113.50 | 114.51 | 115.65 | 116.66 |
Camarilla | 112.78 | 112.98 | 113.17 | 113.37 | 113.57 | 113.76 | 113.96 |
Woodie | 110.15 | 111.32 | 112.30 | 113.47 | 114.45 | 115.62 | 116.60 |
Fibonacci | 111.35 | 112.17 | 112.68 | 113.50 | 114.32 | 114.83 | 115.65 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 72.27 | 80.64 | 95.28 | 103.65 | 118.29 | 126.66 | 141.30 |
Camarilla | 103.60 | 105.71 | 107.82 | 109.93 | 112.04 | 114.15 | 116.26 |
Woodie | 75.42 | 82.21 | 98.43 | 105.22 | 121.44 | 128.23 | 144.45 |
Fibonacci | 80.64 | 89.43 | 94.86 | 103.65 | 112.44 | 117.87 | 126.66 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 57.18 | |
MACD (12,26,9): | 0.9000 | |
Directional Movement: | 4.20 | |
AROON (14): | 71.43 | |
DEMA (21): | 113.70 | |
Parabolic SAR (0,02-0,02-0,2): | 112.60 | |
Elder Ray (13): | 0.73 | |
Super Trend (3,10): | 111.32 | |
Zig ZAG (10): | 113.42 | |
VORTEX (21): | 1.1500 | |
Stochastique (14,3,5): | 81.87 | |
TEMA (21): | 114.34 | |
Williams %R (14): | -40.02 | |
Chande Momentum Oscillator (20): | 0.29 | |
Repulse (5,40,3): | -0.8400 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0900 | |
Courbe Coppock: | 7.32 |
MA7: | 111.61 | |
MA20: | 108.29 | |
MA50: | 99.52 | |
MA100: | 94.50 | |
MAexp7: | 113.68 | |
MAexp20: | 112.65 | |
MAexp50: | 111.54 | |
MAexp100: | 109.61 | |
Price / MA7: | +1.58% | |
Price / MA20: | +4.69% | |
Price / MA50: | +13.92% | |
Price / MA100: | +19.97% | |
Price / MAexp7: | -0.23% | |
Price / MAexp20: | +0.68% | |
Price / MAexp50: | +1.69% | |
Price / MAexp100: | +3.48% |
Quotes :
-
15 min delayed data
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NYSE Stocks
News
The last news published on EXXON MOBIL CORP. at the time of the generation of this analysis was as follows:
- Pertamina, ExxonMobil agree to develop CCS for decarbonization
- Thinking about trading options or stock in Alibaba, Biogen, Exxon Mobil, Eli Lilly, or Apple?
- Coral South Project in Mozambique Ships First LNG Cargo, Helps Meet Global Demand
- Thinking about trading options or stock in Tesla, JinkoSolar, Apple, Chesapeake Energy, or Exxon Mobil?
- ExxonMobil Appoints Jim Chapman, Vice President, Tax and Treasurer; Jaime Spellings to Retire
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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