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 rose above 50-day moving average on July 17, 2026
XOM moved above its 50-day moving average on July 17, 2026 date and that indicates a change from a downward trend to an upward trend. In of 47 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 July 07, 2026. You may want to consider a long position or call options on XOM as a result. In of 92 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 July 07, 2026. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for XOM crossed bullishly above the 50-day moving average on July 23, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 14 past instances when the 10-day crossed above the 50-day, the stock continued to move higher 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 371 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 316 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 RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
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 July 13, 2026. 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.
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 31, 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 Price Growth Rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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: P/B Ratio (2.558) is normal, around the industry mean (2.450). P/E Ratio (26.421) is within average values for comparable stocks, (24.212). Projected Growth (PEG Ratio) (1.333) is also within normal values, averaging (1.290). Dividend Yield (0.026) settles around the average of (0.039) among similar stocks. P/S Ratio (2.052) is also within normal values, averaging (2.395).
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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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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