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XOM Makes Notable Cross Below Critical Moving Average

By Energy Stock Channel Staff, Wednesday, May 30, 10:59 AM ET
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In trading on Wednesday, shares of Exxon Mobil Corp. (NYSE:XOM) crossed below their 200 day moving average of $81.02, changing hands as low as $80.76 per share. Exxon Mobil Corp. shares are currently trading off about 1.3% on the day. The chart below shows the one year performance of XOM shares, versus its 200 day moving average:

Exxon Mobil Corp. 200 Day Moving Average Chart

Looking at the chart above, XOM's low point in its 52 week range is $67.03 per share, with $87.94 as the 52 week high point that compares with a last trade of $80.74.


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According to the ETF Finder at ETF Channel, XOM makes up 25.72% of the iShares Dow Jones U.S. Energy Sector Index Fund ETF (AMEX:IYE) which is trading lower by about 2.3% on the day Wednesday.

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