Exxon Mobil stock price forecast: $144.75 support as XOM drops 2.14%

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Exxon Mobil slides 2.14% to $147.45

Highlights

ExxonMobil Guyana generated $982.5 billion in after-tax profit for 2025 despite lower oil prices and expanded output.
Operational resilience at the Yellowtail Project sustained significant earnings even as market conditions pressured oil prices.
XOM trades under short- and medium-term bearish signals with a projected range of $144.75 to $150.77 and downside risk dominant.

Earnings resilience offsets price drop amid Guyana project expansion

On June 10, 2026, ExxonMobil Guyana Limited (EMGL), a subsidiary of Exxon Mobil, reported an after-tax profit of $982.5 billion for its 2025 financial year. This profit result was achieved despite increased oil production and lower oil prices tied to the commencement of operations at the Yellowtail Project in the Stabroek Block. The company’s ability to maintain significant earnings in a lower-price environment reflects operational resilience, though price action has remained under broader selling pressure.

Directional ambiguity as momentum signals diverge at technical support

On the H1 chart, XOM is notably positioned below the MA-20 ($150.29) and MA-50 ($151.23), with the MA-200 at $133.63 now acting as a critical underlying support. The Ichimoku Kijun level at $150.80 serves as immediate resistance. Among momentum indicators, the RSI is measured at 49.02 (Sell), MACD signals a Buy, and the ADX remains Neutral, together highlighting directional ambiguity. Secondary signals from Stoch RSI, CCI, and Awesome Oscillator are neutral, while BBP shows intraday buyer pressure. The session closed with a minor opening gap of $0.55 and finished near the low on moderate volatility.

Short-term downside risk dominates as breakout levels define range

Over the next 2 to 3 trading days, XOM is projected to trade within a typical volatility band between $144.75 and $150.77. The probability of a move higher is estimated at 25%, with a 75% chance of a further decline. Sideways price action is the base case unless a breakout above $150.80 triggers a bullish reversal; conversely, a move below $144.75 would confirm continued short-term downside risk.

Anton Kharitonov, expert at Traders Union, sees XOM under persistent pressure despite exceptional operational results in Guyana. He notes the technical setup remains cautious, with the stock below major moving averages and mixed momentum indicators. The analyst believes narrow price action is likely unless the $150.80 resistance breaks. "Base case is sideways to lower until buyers show clear strength above $150.80," he says.

Earlier, analysts noted that Exxon Mobil sustained a broadly bullish trend underpinned by strong fundamentals and resilient investor confidence. The recent downturn and technical ambiguity signal a shift toward increased short-term downside risk, making a potential drop below $144.75 an important level for traders to monitor for further weakness.

Source of Data: XOM Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.