Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 5.49% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Exxon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Exxon is bullish.
The RSI indicator is at 75.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
The Big Five: Which Would You Be Willing To Own If They Closed The Market For 20 Years?
Fri, 20 Dec 2013 01:57:56 GMT
Seeking Alpha – Let's play a little game based on one of Buffett's principles. Let's posit that they close the market for 20 years, but that the market closing has nothing to do with basic business conditions. The economy …
Good time for the banks: Cramer
Thu, 19 Dec 2013 23:00:00 GMT
CNBC – Mad Money host Jim Cramer shares 5 sectors to buy without much risk and a ton of reward.
Chilly weather pumps up natural gas prices
Thu, 19 Dec 2013 19:10:38 GMT
Big Data Download – http://d.yimg.com/hd/cnbc2/lotus/1387479484573_686_21z1Lq7CW0gq1_1_0.jpg?s=2672006bb22fc401beeb0c6a65215ce3&c=c05b9bc7adc5839fde19f51a254bb0be&a=cnbc2&mr=0
Gov. Parnell seeks to advance Alaska gas project
Thu, 19 Dec 2013 15:46:17 GMT
Gov. Parnell seeks to advance Alaska gas project
Thu, 19 Dec 2013 15:46:17 GMT
AP – Gov. Sean Parnell's administration is looking to get out from under a 2007 law as it seeks to further advance a major natural gas pipeline project in Alaska. Specifics on how that might happen, though, …
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