Exxon's most recent trend suggests a bullish bias. One trading opportunity on Exxon is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 17.1% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock dropped below the $87.50 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 64.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
Will ExxonMobil (XOM) Earnings Miss on Lower Realizations?
Wed, 29 Oct 2014 18:37:29 GMT
Exxon Mobil Corporation Declares Fourth Quarter Dividend
Wed, 29 Oct 2014 17:27:59 GMT
noodls – Exxon Mobil Corporation Declares Fourth Quarter Dividend
Exxon Mobil Corporation Declares Fourth Quarter Dividend
Wed, 29 Oct 2014 17:16:00 GMT
Business Wire – The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of 69 cents per share on the Common Stock, payable on December 10, 2014 to shareholders
6 Things The Bulls See In Exxon Mobil
Wed, 29 Oct 2014 15:17:17 GMT
Russia's Rosneft posts Q3 net income, defies forecast for loss
Wed, 29 Oct 2014 13:30:01 GMT
Reuters – UK Focus – Rosneft, Russia's biggest oil producer, posted on Wednesday a steep fall in its third-quarter net income because of a weaker rouble and sliding oil prices, but defied expectations of a net loss. The state-controlled …
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