XOM Crosses Critical Technical Indicator
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Exxon Mobil (XOM) shares have entered oversold territory, with the stock trading as low as $111.42 per share. This is determined using the Relative Strength Index (RSI), a momentum indicator.
December 11, 2024 | 5:30 pm
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Exxon Mobil shares have entered oversold territory, trading as low as $111.42. This is determined using the RSI, a momentum indicator.
The RSI indicates that XOM is oversold, which often suggests a potential rebound in stock price as investors may see it as a buying opportunity. This technical indicator is widely used by traders to identify potential entry points.
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