🚀 Ready to dive into $XOM (Exxon-Mobil) analysis? Here’s a comprehensive breakdown for both beginners and experienced investors! 📈
Exxon Mobil (XOM) closed at $114.94 on Sep 22, 2023, with a market cap of $458.21B. This energy giant has been making waves in the stock market.
🔍 Technical Analysis:
RSI14: 60 (Somewhat overbought) Moving Averages: Indicating an uptrend MACD: Showing bullish sentiment ATR: Lower risk and less volatility, offering predictability Support: $104.54 Resistance: $116.70
💼 Fundamental Analysis:
DCF: $121.99 (Undervalued) EPS: Projected at 12.5 PE Ratio: 9.2 Analysts’ consensus: ‘Buy’
📰 Recent News:
Mixed reports, but potential growth catalysts. One forecast predicts oil prices soaring through $100 by October, benefitting companies like Exxon. Another mentions Exxon as a ‘best buy’ in the sector, praising strong earnings prospects, de-risked balance sheets, and growth catalysts.
📆 Short-Term Prediction (Sep 25, 2023):
Expecting slight growth, given the overall bullish sentiment and ‘best buy’ status, barring market deterioration.
📅 Upcoming Week Prediction:
Potential for continued growth next week, driven by the anticipated surge in oil prices. However, be cautious due to energy sector volatility.
📊 Final Evaluation:
I guess ‘Buy’ for Exxon Mobil (XOM) at its current price. Consider strong earnings, growth potential, and ‘best buy’ status.
Remember the energy sector’s inherent volatility. Stay informed and seize opportunities! 💰📈🛢️