Exxon
XOM 5-Day-Ahead Prediction - 04/11-04/17 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Exxon Mobil Corp. ( XOM ) have been plotted on the chart.
The method used in this prediction is Deep Learning based, and using complex mathematical models/methodologies to extract hidden time series features in vast amounts of XOM related data.
The expected 5 Day Change is 2.435 %
Predictability Indicator is calculated as : 0.734
Predicted 5-Day Ahead Prices are as follows:
Wed Apr 11 Thu Apr 12 Fri Apr 13 Mon Apr 16 Tue Apr 17
77.895 78.084 78.197 78.534 78.947
Please note that outliers/non-linearities might occur, however our Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies.
Feel free to contact us for your questions.
XOM - Bullish Swing TradeThis is another Bullish swing trade I entered on Friday. In my opinion, Exxon is just above a good support area and is due for a move higher. Exxon really hasn't recovered from the pullback it made when the overall market pulled back in early Feb. but I believe that is about to change.
Bullish bias for Exxon @ strong support lvl & bullish trendlineGeneral overview:
1) general direction since 2010 has been bullish
2) a 61.8% retracement occurred in late-2015, and we are at a similar level
3) lower highs seen after the massive retracement, though lower lows not being tested till recently
What I like:
1) the pin bar pokes through a strong support level, bullish trendline, and the 61.8% retracement and closes above all three
2) excellent R/R of around 2-3 (depending on stop loss location, either way quite favorable)
3. if price hits target and breaks the upper limit of the triangle, price target will be moved even higher up till ~$104 mark. This makes a R/R of around 2 to a 6 easily.
What I dislike:
1) subsequent day of the pin, price broke the high but closed not very much higher - this may be a sign of weakness
Others to note:
1) volatility in stocks globally are higher than usual. This means stop losses should be placed slightly further than usual to avoid being a victim of whiplashes.
*This is my first few attempts to contribute to the tradingview community. All suggestions/feedback welcome!
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iskfx
ExxonMobil Perfect long term buy opportunity. Hi Guys, Here's good stock for investors out there, very high probability of going upside, it is at very good level for buy. i think it's part of bigger B wave, C wave still have to come, But looks very good to buy, possible level it can go i have shown in chart.
Thanks & Trade safe.
Can tropical storm Nate send Exxon (XOM) above 84.51? Tropical storm Nate is set to hit the Gulf coast over this weekend, affecting natural gas and oil production. Here is my little break down of what this could mean for the market and why Exxon may break a key price of 84.51, which I used the above renko chart to identify.
The Gulf accounts for 17 percent of the US crude oil production and 5 percent of its natural gas production. The area also accounts for 51 percent of the natural gas processing plant capacity. A strike to this area could mean limited supply and higher prices.
Hurricane Harvey sent gas prices up 14 cents for a 12 day period. The vicious storm shut down 25 percent of oil and gas production, which made up 5 percent of the nation's output.
In addition to oil and natural gas prices rising, we should expect a short-term spike in the auto and home building materials industries, possibly a week or 2 after.
Companies to watch include, GM, Ford, and Louisiana-Pacific. Also watch Exxon Mobile, which could be fueled into a new high. Just be careful, XOM is trending down. Always use proper stops and position sizing.
Happy Trading!
XOM @ daily @ closed 5 weeks lower (friday) maybe bottomedThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
drive.google.com
4XSetUps for next week - friday close (DOW 30 Index & all shares)
Best regards :)
Aaron
OVF on EXXON 15min One more OVF for you guys. This one is on the 15min chart. Very nice setup this one, you can see the market getting tighter and tighter before the breakout, this is what OVF is all about. R/R on this trade is 8.5/1, a very nice R/R. Stop Loss as usual under the L2 to give the market some breathing room, but we are expecting on the balance of probability that the market will breakout to the upside and re enforce the existing bull trend.
If you want to learn the OVF theory and how it works you can contact me at samuraitrader110@gmail.com
Happy trading
Exxon Mobil showing fresh signs of improvementThe gap above the USD89.37 range high of September is extending.
Momentum is improving on both weekly and monthly charts.
Relative to both the SPX and the Energy Index, XOM is showing fresh signs of outperformance.
This suggests potential for a run towards the USD95.00/55 area, where fresh consolidation could develop as overbought weekly stochastics unfold.
Following consolidation, background studies see scope for still further gains into the coming months.
Exxon Mobil LongLooking at higher time frames, Exxon (XOM) looks to be in a position to break upwards toward 104 area. It may take several weeks, but potentially, a nice addition to your portfolio. I recommend only using a buy stop order above the high of the last formed bull bar from this past EOW close.
XOM : Open long before the Flag breakout !Exxon Mobil, major oil company, has just published its quarterly results. Its profits went down (2.7b$ vs 4.2b$ the previous year). Its cost reduction has not compensated the lower margins due falling oil prices.
Due to this, the stock has opened today with a bearish gap and has drawn a shadow at 85.50$ which is the lower bound of the flag.
Technically, we can now expect the stock to go up for the few next trading sessions because :
- mid term trend is upside , as shown by the ascending trendline support
- the flag is a continuation pattern ; the stock entered it from below, thus it is likely to exit by the top (theorical target indicated on the chart)
- the today's bounce took place at 61.8% Fibonacci retracement of the previous upside wave (first blue arrow).
Here is the long strategy :
- open long at current price (86.09$ approx)
- stop @ 84.20$ (just below the 62.8% retracement, i.e. the last bottom)
- target @ 88.80$ as a security (expecting the theorical target of the flag to be reached seems to unlikely to happen)
Feel free to leave a comment about this idea !
XOM Long positionXOM dropped with heavy selling well below previous uptrend channel, but that petered off shortly after earnings were reported. This indicates to me that the market has priced in the disappointment and selling interest has dropped off, with a lot of profit taking happening on the green bar just before earnings.
I purchased just as it started the reversal with my stop right below the support at $85. Aiming to take profit once it tests the $95 resistance.
DOW JONES OVERVIEW: EXXON IS ON RISK OF FURTHER DECLINEExxon is in a complex situation - but overall risk is still to the downside at the moment.
On long term basis, XOM fell out of 1st standard deviation from 5-year mean (at 76 now), but is still holding within 1st standard deviation from 10-year mean (although, below the mean itself)
Thus XOM is on risk of decline there at least to 65 - which is the lower 1st standard deviation from 10-year mean, if price continues to trade below 76
On short term basis the risk (of decline into 65) is confirmed - price is trading below 1st standard deviations from both 1-year and quarterly mean (thus is in downtrend in relation to both short term means)
The micro levels are alligned with macro levels at the moment, as can be seen on the chart
Binary Event - Bullish moveCVX is a correlative equity to XOM. These are consist in trend moves comparable to other equities in their sector. You want volatility for the option's play. Right now, CVX is at a crossroads with an IV of 73 and HV 71. With earnings coming up, we're expecting a shift north till the end of this year's first quarter. That's a good play to go deep in options. FEB (22) Call Strike 105 is our target for front month. APR 15 (78) Call Strike is 110 and/or 115. The decrease in IV over the next months in consideration of the options months shows favorable signs of going north. Tomorrow is we'll know.