Based on the provided data and current market context, here's the analysis for XOM's price movement for the next trading week:
Technical Analysis
The stock is currently showing signs of consolidation in a sideways channel between $106-$112. The RSI at 44.73 indicates neutral momentum, though slightly leaning towards oversold territory. The MACD at -0.29 suggests bearish momentum in the near term.
News Sentiment Analysis
Price Target Analysis Based on technical indicators and upcoming catalysts:
Support Levels:
Resistance Levels:
Price Prediction for Next Week Given the technical setup and upcoming earnings catalyst, XOM is likely to trade between $106-$112, with a predicted closing price of $110.50 by end of next week. This forecast is based on:
Trading Recommendation BUY at current levels ($108.63) with:
The risk-reward ratio of 1:1.5 makes this a favorable trade setup, particularly with the upcoming earnings catalyst and positive policy environment.
The price of XOM is predicted to go up -26.45%, based on the high correlation periods with SHLS. The similarity of these two price pattern on the periods is 94.36%.
XOM
SHLS
Year
XOM Price Forecast($)
Potential Return(%)
2025
130.000
20.530
2026
130.000
20.530
2027
145.000
34.430
2028
145.000
34.430
2029
140.000
29.940
2030
140.000
29.940
Exxon has responded to shareholder concerns by reducing spending, appointing new board members, increasing disclosure, and announcing emissions reduction targets.
Exxon will see its portfolio mix shift to liquids pricing as gas volumes decline and new oil projects start production. Cash margins should improve as a result, thanks to Permian and Guyana volumes.
With coordination between upstream and downstream operations, as well as integrated refining and chemical facilities, Exxon achieves a high level of integration that creates value, as opposed to simply owning the assets.
Truist Securities
Price Target
$117 → $119
Upside
+8.88%
UBS
Price Target
$149 → $147
Upside
+31.46%
RBC Capital
Price Target
$120 → $115
Upside
-2.52%