Do Traders Think Exxon Mobil Corporation (XOM) Can Keep Climbing Tuesday?

Overall market sentiment has been high on Exxon Mobil Corporation (XOM) stock lately. XOM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Exxon Mobil Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on XOM!

See Full XOM Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With XOM Stock Today?

Exxon Mobil Corporation (XOM) stock is trading at $65.32 as of 12:10 PM on Tuesday, Oct 26, a rise of $0.94, or 1.46% from the previous closing price of $64.38. The stock has traded between $64.36 and $65.46 so far today. Volume today is light. So far 10,569,423 shares have traded compared to average volume of 22,732,941 shares. To see InvestorsObserver's Sentiment Score for Exxon Mobil Corporation click here.

More About Exxon Mobil Corporation

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, it produced 2.3 million barrels of liquids and 8.5 billion cubic feet of natural gas per day. At the end of 2019, reserves were 15.2 billion barrels of oil equivalent, 58% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.8 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. Click Here to get the full Stock Report for Exxon Mobil Corporation stock.