Exxon Mobil Just Bounced Off the Lower Rail of an Upwardly Sloped Channel
Oil giant Exxon Mobil (NYSE: XOM) has been moving higher since hitting a multi-year low in April. The trend higher has been well-defined by an upwardly-sloped trend channel and the stock just hit the lower rail of the channel.
You can see that the 10-day RSI and the daily stochastic readings hit oversold territory in this recent pullback, but the stock has reversed higher in the last four days. This led to a bullish crossover from the stochastic readings.
Exxon will announce earnings on November 2, so there is only about 10 days for this bounce to play out before the earnings report will affect the stock.
The company’s sales and earnings have been declining over the last three years, but the company did report earnings growth of 18% in its last quarterly report and sales were up 27% from the previous year in that report.
The sentiment toward Exxon is interesting, especially the analysts’ ratings. There are seven “buy” ratings on the stock, seven “sell” ratings, and 11 “hold” ratings. It is rare to see a corporate giant like Exxon with more hold and sell ratings than buy ratings.
Analysts expect Exxon to earn $1.23 for the third quarter and that estimate has been ratcheted down from $1.27 only 30 days ago. This tells me that the bar is being lowered and a decent earnings report from the company could send shares higher.
XOM in upward trend: price rose above 50-day moving average on June 10, 2025
XOM moved above its 50-day moving average on June 10, 2025 date and that indicates a change from a downward trend to an upward trend. In of 42 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 06, 2025. You may want to consider a long position or call options on XOM as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XOM just turned positive on June 09, 2025. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 344 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 291 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XOM broke above its upper Bollinger Band on June 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 49, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. XOM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: XOM's P/B Ratio (2.267) is slightly higher than the industry average of (1.194). P/E Ratio (13.160) is within average values for comparable stocks, (24.146). Projected Growth (PEG Ratio) (6.848) is also within normal values, averaging (4.841). Dividend Yield (0.032) settles around the average of (0.111) among similar stocks. P/S Ratio (1.416) is also within normal values, averaging (0.975).
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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