How is Exxon Mobil Corporation (XOM) Stock's Recent Performance Affecting Investor's Feelings?

Monday, July 6, 2020 3:24 PM | InvestorsObserver Analysts

Exxon Mobil Corporation (XOM) stock is higher by 1.22% over the past week and gets a Neutral rating from InvestorsObserver's Sentiment Indicator.

Sentiment Score - ,neutral

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

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.

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 $44.15 as of 3:13 PM on Monday, Jul 6, a rise of $0.10, or 0.23% from the previous closing price of $44.05. Volume today is below average. So far 16,371,721 shares have traded compared to average volume of 24,725,606 shares. The stock has traded between $43.84 and $45.08 so far today.

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 2019, it produced 2.4 million barrels of liquids and 9.4 billion cubic feet of natural gas per day. At the end of 2019, reserves were 22.4 billion barrels of oil equivalent (including 3.8 billion for equity companies), 65% of which are liquids. The company is the world's largest refiner with a total global refining capacity of 4.7 million barrels of oil per day and one of the world's largest manufacturers of commodity and specialty chemicals. It operates its business divisions in North and South America, Europe, the Middle East, North and sub-Saharan Africa, and the Asia-Pacific.

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