U.S. Crude Oil Tumbles to 14-month Low
Falling for a third straight session, U.S. crude oil prices settled at their lowest since early October 2017 after dropping more than 1% last Tuesday. Growing fears of slowing global growth have overshadowed the efforts to curb production by OPEC members and its allies, resulting in the fall.
Further, concerns over inventory buildup and forecasts of record shale output in U.S. - currently the world’s biggest producer - coupled with Mexico doubling its oil output has allowed oversupply uncertainties to set in and put pressure on prices.
International benchmark Brent crude oil futures tumbled nearly 71 cents or 1.2% from its last close, to stand at $58.90 per barrel, marking more than a 4% drop over the past three sessions. U.S. West Texas Intermediate (WTI) crude futures tumbled to $49.27 per barrel, dropping by 60 cents or 1.2%.
Both U.S. crude and Brent have dropped more than 30% since early October amid swelling global inventories, with WTI currently trading at or below $50 levels not seen since October 2017.
Some of the biggest names of the U.S. oil industry are feeling the sting, as reflected in stock prices.
XOM in upward trend: price may ascend as a result of having broken its lower Bollinger Band on June 18, 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 of 25 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 .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where XOM's RSI Oscillator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 371 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 15, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on XOM as a result. In 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 .
The Moving Average Convergence Divergence Histogram (MACD) for XOM turned negative on May 27, 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 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
XOM moved below its 50-day moving average on May 26, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for XOM crossed bearishly below the 50-day moving average on May 29, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for XOM entered a downward trend on June 23, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
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 33, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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: P/B Ratio (2.256) is normal, around the industry mean (1.939). P/E Ratio (23.311) is within average values for comparable stocks, (20.170). Projected Growth (PEG Ratio) (1.149) is also within normal values, averaging (1.141). Dividend Yield (0.030) settles around the average of (0.043) among similar stocks. P/S Ratio (1.811) is also within normal values, averaging (1.738).
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 SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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