Exxon's most recent trend suggests a bearish bias. One trading opportunity on Exxon is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 17.37% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock rose above the $100.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Exxon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Exxon is bearish.
The RSI indicator is at 30.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
[$$] Exxon, Shell Carbon Emissions Rise Though Pumping Drops
Wed, 15 Oct 2014 04:42:14 GMT
The Wall Street Journal – Exxon and Shell are emitting more carbon dioxide despite tapping less oil and natural gas, reflecting the difficulty of tapping new energy sources.
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Tue, 14 Oct 2014 21:00:38 GMT
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Tue, 14 Oct 2014 19:33:30 GMT
Dow Jones (DJIA) Today: Exxon Mobil Corporation (XOM) Higher
Tue, 14 Oct 2014 17:00:00 GMT
Exxon Mobil wins $1.6 billion in arbitration case against Venezuela
Tue, 14 Oct 2014 15:29:04 GMT
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