Exxon Mobil Stock

Today Exxon stock fell with the rest of the market, but investors seemed to be saying a rise was coming.  Exxon stock was one of the money flow leaders in the Dow Jones with most buying on weakness.  The up-down ratio was 151/100.  This shows that the value of trades on the uptick was over 50 percent higher than those trading the oil company giant on the down tick.  This is generally a bullish signal for Exxon and the oil market in general.

Uncategorized dow jones, exxon stock, money flow, oil company, uptick

As oil ran near 20 percent this week, Exxon Mobil (XOM) stock stood nearly still registering a gain of only 1.4%.  There came a signal today that Exxon Mobil topped the list of stocks with the largest outflow of money out of the issue despite the shares rising.  Given the performance of the oil company stock this week that was no surprise.

Uncategorized exxon, exxon mobil, money flow, xom