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🛢️ Exxon Mobil (XOM): A Deep Dive into the Numbers and the Market Mood 📊
Greetings to all financial aficionados! In today's blog post, we'll dissect the recent market trends surrounding one of the behemoths of the Integrated Oil Industry, Exxon Mobil.
📈 Market Insights:
Exxon Mobil (XOM, priced at $113.52) is showing intriguing signs. The RSI Indicator recently left the overbought zone on September 1, 2023. Historically, this is a sign that XOM's price might transition from an uptrend to a possible downtrend. With 65% odds of a successful outcome in similar scenarios, traders could consider adjusting their portfolios—whether that means selling the stock or exploring put options 📉.
💰 Financial Highlights:
The company's latest earnings report (as of July 28) revealed an EPS of $1.94, slightly missing the anticipated $2.04. With an outstanding share volume of 14.84M, XOM currently boasts a hefty market capitalization of 452.55B. Dividend seekers, take note: XOM has declared a $0.91 per share dividend, which is set to be paid soon, with a record date of September 11, 2023, and an ex-dividend date earlier on August 15, 2023.
🌐 Industry Outlook:
Integrated oil companies, including notables like Exxon Mobil, Chevron Corp, and BP plc, play a significant role throughout the oil value chain—from exploration to refining and marketing. Their fortunes often fluctuate based on crude oil prices, with their diverse portfolios helping balance impacts across the board.
🔍 A Comparative Gaze:
The Integrated Oil Industry boasts an average market capitalization of 58.77B. However, XOM outshines its peers, holding the highest valuation at 452.55B, while PGAS stands at the opposite end with a mere 39.76K.
📊 Recent Performance Stats:
Over the past week, XOM enjoyed a +5.83% price gain with a notable average daily volume of 529145 shares. Despite this upswing, there was a -1.47% drawdown during this period.
🤖 A.I. Insights:
A tidbit from our A.I. dvisor: Over the past year, there's been a significant correlation between XOM and CVX—with an 89% alignment in their price movements. This suggests that when XOM leaps, CVX might just follow suit.
🔮 Wrapping Up:
With the energy market always in flux, it's crucial to keep a close eye on leading indicators and trends. While Exxon Mobil has been a beacon of consistency for many years, the current market signals provide ample food for thought for investors and traders alike. Remember, knowledge is power, and staying informed is the key to smart trading!
Happy Investing! 🌟📈🛢️
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day RSI Indicator for XOM moved out of overbought territory on September 15, 2023. 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 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
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 September 01, 2023. 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 Momentum Indicator moved above the 0 level on August 29, 2023. You may want to consider a long position or call options on XOM as a result. In of 94 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 August 30, 2023. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
The 50-day moving average for XOM moved above the 200-day moving average on September 14, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 333 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 255 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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 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 76, placing this stock better than average.
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 Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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 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: XOM's P/B Ratio (2.350) is slightly higher than the industry average of (1.121). P/E Ratio (9.390) is within average values for comparable stocks, (17.110). Projected Growth (PEG Ratio) (1.768) is also within normal values, averaging (4.065). Dividend Yield (0.031) settles around the average of (0.101) among similar stocks. P/S Ratio (1.351) is also within normal values, averaging (1.257).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a distributer of crude oil, natural gas and petroleum products
A.I.dvisor indicates that over the last year, XOM has been closely correlated with CVX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if XOM jumps, then CVX could also see price increases.