XOM Daily Stock Analysis: Navigating Through Bearish Trends and Anticipating Reversals.
XOM. Exxon Mobil Corporation (XOM) stock for the next 10-Day prediction and technical analysis.
In this report, we delve into the recent performance of Exxon Mobil Corporation (XOM) and analyze its daily stock trends, providing insights into potential future trajectories.
Oscillating Trends: XOM's daily stock prices have been oscillating between bearish and bullish zones, indicating a recurring pattern of downward and upward trends. Despite a recent three-day upward trend, signs suggest that this rebound may be short-lived. As of November 16th, we anticipate a resumption of the downward trend, with a bearish phase likely to persist for the foreseeable future.
Anticipated Market Shifts: Following this expected decline, there is a potential reversal on the horizon, likely manifesting in the early part of the following week. However, it is crucial to note that the daily trend has been entrenched in the bearish zone for the past 16 days, and even with a temporary rebound, an extended period of bearish momentum is anticipated.
Long-Term Perspective: Given the prolonged bearish trend, it is advisable to exercise patience in considering long-term buying opportunities. The current outlook suggests that the stock may continue its bearish trajectory for some time, requiring a cautious approach for medium to long-term investment strategies.
Strategic Considerations: In light of the anticipated downward trend, implementing investment strategies to mitigate potential losses becomes imperative. Preparing for the future decline is a key aspect of a prudent investment approach.
As always, staying informed about market dynamics and adapting strategies accordingly is paramount in navigating the complexities of stock trends.
Nov 15, 2023 | |||
◆ Closed price | |||
103.66 | -0.60% |
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◆ Appropriate Investment Position: Bearish-Sell [Long-term strategy] | |||
◆ Today's stock price Buy-Sell intensity analysis | |||
The current trend appears to be 'Entering a downtrend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a stronger HIGH-price and a weaker LOW-price Finally, the CLOSE-price closed with a weaker decline rate than the current trend. | |||
The overall buy-sell intensity indicates that the sell intensity is stronger than the buy. | |||
Assuming that the average sell intensity is -100%, | |||
Today's sell intensity is | -24% | | |
◆ Tomorrow's stock price Buy-Sell intensity Prediction | |||
Based on recent stock trends and technical analysis, it looks like XOM stock is poised for a Downtrend tomorrow | |||
The %intensity of Risk & Return tomorrow : | -100% | ||
HIGH ~ LOW % range tomorrow : | -0.3% | -2.3% | |
Predicted Average loss over the next 3 days: | -6.1% | ||
The price of XOM stock moves in line with the rise and fall of the stock market index with a probability of | 56% | | |
, and conversely, it moves against the stock market index trend with a probability of | 44% | | |
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◆ XOM stock price 10 Day prediction [Short-term strategy] | |||
It is expected that the overall trend movement over the next 10 days will follow a descending rectangle pattern, with a ratio of 5 : 5 for the downward to upward direction, with the proportion of the upward and downward trend being equal. However, in terms of the expected strength of the upward and downward movements, the upward strength is moderate, while the downward strength is higher. Currently, it's about to begin a downtrend as a rebound trend gradually gives way to small increases and sharp declines. and It's maintaining a suitable Buy-Sell intensity for the current trend conditions. | |||
Indicating that We are currently in a bearish zone. Therefore, it is recommended to implement a strategy to reduce risk and take a suitable investing position. A suitable investing position is 'Sell(Bearish)' for now. The appropriate selling timing is predicted to be either today or tomorrow. | |||
The selling date is | Nov 16 | | |
A good price to sell a stock: | $ 103.17 | ||
And the appropriate buying timing is predicted to be in 3 days. | | ||
The buying date is | Nov 17 | to | Nov 20 |
A good price to buy a stock: | $ 99.40 | ||
(Prediction may shift due to changes in the Buy-Sell intensity) | |||
◆ Volatility of Prediction | |||
Due to maintaining a proper flow of Buy-Sell intensity that is suitable for the current trend, pretiming predictions may have low volatility. | |||
◆ Predicting the Turning Point of the Trend | |||
The probability of a trend reversal occurring Today and approximately 4 days from now, 9 days from now | | ||
◆ Prediction of Upper~Lower price range over the next 10 days | |||
Price: | 99.50 | ~ | 103.66 |
% Change: | -4.0% | ~ | 1.4% |
Median price between the upper and lower prices | 101.58 | -2.0% | |
◆ Analysis of the trend zone & level% and average intensity of trends | |||
For the last 30 days, the average trend zone & level% | Bearish | -39% | |
The Current trend zone & level% | Bearish | -58% | |
The expected average trend zone & level% for the next 10 days | Bearish | -74% | |
If the trend moves upward from the current trend level%, it's expected to have an average upward strength of | 35% | (Max 100%) | |
And if it moves downward, it is expected to have a downward strength of | -76% | (Min -100%) | |
◆ Prediction the intensity of the trend and the range of the HIGH ~ LOW | |||
Trend | %Intensity | HIGH | LOW |
In 1 day: Downtrend | -100% | -0.3% | -2.3% |
In 2 days: Downtrend | -91% | -0.3% | -1.8% |
In 3 days: Entering a rebound trend | -28% | 0.4% | -1.2% |
In 4 days: Entering a rebound trend | 46% | 1.0% | -0.1% |
In 5 days: Rebound trend | 42% | 1.3% | 0.1% |
In 6 days: Rebound trend | 40% | 0.5% | 0.1% |
In 7 days: Entering a downtrend | 48% | 0.9% | 0.0% |
In 8 days: Entering a downtrend | 0% | 0.0% | -0.5% |
In 9 days: Entering a downtrend | -100% | -0.2% | -1.9% |
In 10 days: Downtrend | -61% | -0.1% | -1.0% |
◆ Average closing price in case of rising: | | 0.8% | |
=> HIGH ~ LOW range: | 1.4% | ~ | -0.4% |
◆ Average closing price in case of falling: | | -1.3% | |
=> HIGH ~ LOW range: | 0.6% | ~ | -1.6% |
The 10-day prediction and technical analysis of XOM stock are conducted based on the analysis of buy-sell intensity by the pretiming analysis. This analysis provides detailed information on various aspects, including the best stocks to buy, stock price targets, and investment strategies. It also includes bearish and bullish stock trend analysis as well as stock technical analysis. |
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