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Exxon Mobil (XOM) Approaches New Downside Target of $82.02

By Amy Schwartz

Exxon Mobil (NYSE:XOM) has opened bearishly below the pivot of $82.92 today and has reached the first level of support at $82.39. Investors may be interested in a cross of the next downside pivot targets of $82.02 and $81.12.

Over the past year, Exxon Mobilhas traded in a range of $0.00 to $95.55 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.15% higher and 0.61% higher over the past week, respectively.

There is potential upside of 0.0% for shares of Exxon Mobil based on a current price of $0.00 and an average consensus analyst price target of $88.82. Exxon Mobil shares should first meet resistance at the 200-day moving average (MA) of $79.62 and find additional resistance at the 50-day MA of $84.43.

SmarTrend is monitoring the recent change of momentum in Exxon Mobil. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Exxon Mobil in search of a potential trend change.

Keywords: pivot alerts Exxon Mobil

Ticker(s): XOM