Exxon's most recent trend suggests a bearish bias. One trading opportunity on Exxon is a Bear Call Spread using a strike $90.00 short call and a strike $95.00 long call offers a potential 27.55% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.00 by expiration. The full premium credit of $1.08 would be kept by the premium seller. The risk of $3.92 would be incurred if the stock rose above the $95.00 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 27.15 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Exxon
Energy ETFs Sink Hard On Supply Glut, Strong Dollar
Mon, 15 Dec 2014 23:33:00 GMT
Where is Santa rally?
Mon, 15 Dec 2014 21:44:30 GMT
Obama administration says no decision yet on Russia sanctions bill
Mon, 15 Dec 2014 19:43:59 GMT
Reuters – UK Focus – The Obama administration is looking at a bill that would authorize new sanctions on Russia over its activities in Ukraine, and has not yet made a decision on whether the president will sign the measure, …
Obama administration says no decision yet on Russia sanctions bill
Mon, 15 Dec 2014 19:43:59 GMT
Reuters – The Obama administration is looking at a bill that would authorize new sanctions on Russia over its activities in Ukraine, and has not yet made a decision on whether the president will sign the measure, …
Time to buy Exxon Mobil?
Mon, 15 Dec 2014 17:13:00 GMT
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