GET DAILY SIGNALSOil Prices End the Year on a High
Oil prices ended 2018 on a high, rising more than 2% on the final day of 2018 and mirroring the gains in the stock market. But analysts expect the rise to be just temporary, amidst lingering concerns over a demand-supply imbalance.
Driven by healthy demand and a suitable equilibrium, oil prices rose consistently from January to October 2018. With concerns surrounding the impending sanctions, analysts expected the prices to rise further but just the opposite happened. After reaching a four-year high of $86.74 per barrel in early October, oil prices dropped continuously.
After dropping nearly 25% in 2018, U.S. West Texas Intermediate crude futures ended the year at $45.55 a barrel. Dropping at a similar pace -- a 20% decline in 2018 -- Brent crude futures ended the year at $53.74 a barrel.
XOM in upward trend: price may ascend as a result of having broken its lower Bollinger Band on November 04, 2026
XOM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 18 of 24 cases where XOM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 75%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +2.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in 232 of 371 cases, the price rose further within the following month. The odds of a continued upward trend are 63%.
The Aroon Indicator entered an Uptrend today. In 192 of 312 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 62%.
Bearish Trend Analysis
The 10-day RSI Indicator for XOM moved out of overbought territory on November 02, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 similar instances where the indicator moved out of overbought territory. In 26 of the 41 cases, the stock moved lower in the following days. This puts the odds of a move lower at 63%.
The Momentum Indicator moved below the 0 level on November 03, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on XOM as a result. In 43 of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 46%.
The Moving Average Convergence Divergence Histogram (MACD) for XOM turned negative on November 03, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 51 similar instances when the indicator turned negative. In 21 of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at 41%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 44%.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 5 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 29, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 9 (best 1 - 100 worst), indicating outstanding price growth. XOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 14 (best 1 - 100 worst), pointing to outstanding 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 62 (best 1 - 100 worst), indicating slightly weaker than average sales and a marginally 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 Valuation Rating of 86 (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 (2.683) is slightly higher than the industry average of (1.615). XOM has a moderately high P/E Ratio (21.785) as compared to the industry average of (10.939). Projected Growth (PEG Ratio) (1.392) is also within normal values, averaging (1.088). Dividend Yield (0.024) settles around the average of (0.049) among similar stocks. P/S Ratio (1.911) is also within normal values, averaging (3.764).
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Fundamental Analysis Ratings
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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