Exxon Mobil Corporation (XOM) advanced in its latest intraday trading, with its recent rise bringing it to test the key resistance level at 115.45. The move was supported by price action holding above the 50-day SMA, which continues to provide positive momentum, while the short-term corrective uptrend remains in control along an ascending trendline. Additional support came from renewed positive signals on RSI indicators.

Therefore, we expect the stock to rise in the upcoming sessions, especially if it breaks above the mentioned resistance at 115.45, with the next target set at 119.90.

Todays price forecast: Bullish.