Exxon Mobil (XOM) Approaches New Upside Target of $89.24
Shares of Exxon Mobil (NYSE:XOM) have bullishly opened above the pivot of $88.53 today and have reached the first resistance level of $88.83. Investors may be interested in a cross of the next upside pivot targets of $89.24 and $89.95.
In the past 52 weeks, shares of Exxon Mobil have traded between a low of $77.13 and a high of $93.67 and are now at $88.73, which is 15% above that low price. The 200-day and 50-day moving averages have moved 0.05% higher and 0.12% lower over the past week, respectively.
Exxon Mobil (NYSE:XOM) has potential upside of 6.5% based on a current price of $88.73 and analysts' consensus price target of $94.50. The stock should find resistance at its 50-day moving average (MA) of $90.41, as well as support at its 200-day MA of $86.49.
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: pivot alerts Exxon Mobil