Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 6.61% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $85.00 long put 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 up which suggests that the medium-term momentum for Exxon is bullish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Exxon
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Tue, 05 Nov 2013 22:59:05 GMT
Talking Numbers – http://d.yimg.com/hd/cnbc2/lotus/1383691819245_737_21yLlmoTL3bf1_1_0.jpg?s=b8969409284b233a759cb081a7ace52c&c=c9b293198d3443dbd3730e7b14479916&a=cnbc2&mr=0
The Time To Buy Stocks Is Coming, But It's Not Here Yet.
Tue, 05 Nov 2013 17:20:55 GMT
Seeking Alpha – I want to point out that some of the best businesses in the world are beginning to approach valuations that are attractive (see Figure 1 below). In terms of valuing a company, there are two key metrics …
EXXON MOBIL CORP Files SEC form 10-Q, Quarterly Report
Tue, 05 Nov 2013 17:08:42 GMT
Dow Today: Exxon Mobil Corporation (XOM) Higher
Tue, 05 Nov 2013 17:00:00 GMT
TheStreet – Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The …
Marathon Oil Sees Growth Ahead After Mixed Q3 Results
Tue, 05 Nov 2013 16:46:00 GMT
Investor's Business Daily – Marathon Oil Sees Growth Ahead After Mixed Q3 Results
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