Exxon (Mexico) Technical Analysis

XOM Stock  MXN 2,062  11.64  0.57%   
As of the 24th of April, Exxon shows the Coefficient Of Variation of 400.79, downside deviation of 1.18, and Mean Deviation of 0.985. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Exxon, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for Exxon Mobil, which can be compared to its peers. Please confirm Exxon Mobil downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Exxon Mobil is priced favorably, providing market reflects its regular price of 2061.64 per share.

Exxon Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Exxon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Exxon
  
Exxon's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Exxon technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Exxon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Exxon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Exxon Mobil Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Exxon Mobil volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Exxon Mobil Trend Analysis

Use this graph to draw trend lines for Exxon Mobil. You can use it to identify possible trend reversals for Exxon as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Exxon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Exxon Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Exxon Mobil applied against its price change over selected period. The best fit line has a slop of   5.62  , which means Exxon Mobil will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1193013.4, which is the sum of squared deviations for the predicted Exxon price change compared to its average price change.

About Exxon Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Exxon Mobil on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Exxon Mobil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Exxon Mobil price pattern first instead of the macroeconomic environment surrounding Exxon Mobil. By analyzing Exxon's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Exxon's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Exxon specific price patterns or momentum indicators. Please read more on our technical analysis page.

Exxon April 24, 2024 Technical Indicators

Most technical analysis of Exxon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Exxon from various momentum indicators to cycle indicators. When you analyze Exxon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Exxon April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Exxon stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Exxon Mobil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Exxon Stock analysis

When running Exxon's price analysis, check to measure Exxon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exxon is operating at the current time. Most of Exxon's value examination focuses on studying past and present price action to predict the probability of Exxon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exxon's price. Additionally, you may evaluate how the addition of Exxon to your portfolios can decrease your overall portfolio volatility.
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Stocks Directory
Find actively traded stocks across global markets
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Please note, there is a significant difference between Exxon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exxon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exxon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.