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Is it Time to Dump Exxon Mobil Corp (XOM) Stock After it Is Lower By 2.50% in a Week? - InvestorsObserver

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Wednesday, January 17, 2024 11:02 AM | InvestorsObserver Analysts

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Is it Time to Dump Exxon Mobil Corp (XOM) Stock After it Is Lower By 2.50% in a Week?

The market has been down on Exxon Mobil Corp (XOM) stock recently. XOM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Exxon Mobil Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on XOM!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With XOM Stock Today?

Exxon Mobil Corp (XOM) stock is trading at $97.18 as of 10:59 AM on Wednesday, Jan 17, a decline of -$0.51, or -0.52% from the previous closing price of $97.69. The stock has traded between $96.58 and $97.96 so far today. Volume today is low. So far 4,703,103 shares have traded compared to average volume of 21,840,634 shares. Click Here to get the full Stock Report for Exxon Mobil Corp stock.

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2024-01-17 16:09:22Z
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