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 14.16% return on risk over the next 16 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 $0.62 would be kept by the premium seller. The risk of $4.38 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 37.65 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
Ebola outbreak upsets Exxon drilling plans
Fri, 03 Oct 2014 03:00:34 GMT
Crude oil just cost this company $36.85 billion in market cap
Thu, 02 Oct 2014 21:16:58 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/wILny3JtSm1qUveiVKrfyQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@5a68c2ef-0c34-3edd-b35e-8acb0d602fe9_FULL.jpg
Analyzing ExxonMobil’s stock performance, why is it under-performing?
Thu, 02 Oct 2014 21:00:12 GMT
Exxon Delays Africa Plans Due to Ebola Outbreak
Thu, 02 Oct 2014 20:32:13 GMT
[$$] Exxon Delays Some Work Because of Ebola
Thu, 02 Oct 2014 20:18:40 GMT
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