Exxon Mobil Stock Faces Resistance: Can Q4 Earnings Spark A Reversal?

Group 1 - Exxon Mobil Corp is set to report its fourth-quarter earnings, with Wall Street expecting an EPS of $1.56 and revenues of $86.63 billion [1] - The stock has increased by 3.98% over the past year and 1.59% year-to-date [1] Group 2 - Exxon Mobil stock is currently in a strongly bearish trend, trading below key moving averages, including the eight-day ($109.47), 20-day ($109.13), 50-day ($111.65), and 200-day ($115.42) [2] - The MACD indicator at negative 0.38 indicates continued downside momentum, while the RSI at 47.38 suggests the stock is nearing oversold territory [3] Group 3 - Analysts have a consensus rating of "Buy" for Exxon Mobil stock, with a price target of $128.04, indicating a potential upside of 13.5% [4] - At the time of publication, Exxon Mobil stock was trading at $109.54, reflecting a 0.82% increase [4]