Exxon Mobil (XOM) — Technical AnalysisExxon Mobil CorporationBATS:XOMAvo-TradesExxon Mobil (XOM) — Technical Analysis Trend The structure is bullish. Price is moving within a strong ascending trend supported by a rising trendline, which has been respected since the beginning of 2026. The market continues to form higher highs and higher lows, confirming sustained upward momentum. The current consolidation is occurring directly above the trendline, indicating bullish continuation rather than reversal. Key Support Levels 151.20 – Immediate structural support Trendline support – Dynamic support maintaining the uptrend 148–150 zone – Strong support cluster from recent consolidation As long as price holds above 151, the bullish structure remains intact. Resistance Levels 155.07 – First resistance 157.75 – Intermediate resistance 161.93 – Major resistance zone Price is currently trading below these resistance levels after a period of consolidation. Bullish Scenario If price holds above 151 support: Break above 155.07 → continuation toward 157.75 Break above 157.75 → move toward 161.93 Break above 161.93 → potential extension toward 165+ This would confirm continuation of the current bullish trend. Bearish / Correction Scenario If price breaks and closes below 151: A pullback toward 148 → 144 could develop. A break of the main rising trendline would signal loss of bullish momentum and increase the probability of a deeper correction. Conclusion Exxon Mobil remains in a bullish structure supported by a strong ascending trendline. The market is currently consolidating below resistance, with 155 → 157 → 161 acting as the next upside targets, provided price holds above 151 support.