Signal stock

Exxon Mobil Stock still has gas in the tank

Chart of the day belongs to the major oil company Exxon Mobil (XOM). I found the stock using Barchart’s powerful filtering feature to find the stocks with the highest weighting Alpha and technical buy signals then sorted this list by the most frequent number of new highs in the past month. I then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 5/3, the stock has gained 6.11%.

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and around the world. It operates through Upstream, Downstream and Chemicals segments. The Company is also involved in the manufacture, trade, transportation and sale of crude oil, natural gas, petroleum products, petrochemicals and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics and various other petrochemicals; and captures and stores carbon, hydrogen and biofuels. As of December 31, 2021, it had approximately 20,528 net wells operating with proven reserves. The company was founded in 1870 and is based in Irving, Texas.

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Analysts and Investor Sentiment – I’m not buying stocks because everyone else is buying them, but I realize that if big companies and investors dump a stock, it’s hard to make money against it. -fluent :