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Exxon Mobil Bullish Moving Average Crossover Alert (XOM)

By Amy Schwartz

Today, shares of Exxon Mobil (NYSE:XOM) have advanced above their 10-day MA of $88.15 on a volume of 2.0 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Exxon Mobil share prices have been bracketed by a low of $66.55 and a high of $90.09 and are now at $88.90, 34% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Exxon Mobil and will alert subscribers who have XOM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Exxon Mobil

Ticker(s): XOM