# Exxon Stock May Be Oversold

> Exxon stock shows signs of rebound potential after recent pullback.
- Title: Exxon Stock May Be Oversold · TradingView | Shortify
- Summary: Exxon stock shows signs of rebound potential after recent pullback. Exxon's stock may rebound as technical indicators suggest oversold conditions and strong…
- Keywords: exxon, nyse, xom, tradingview, stock, options, technical analysis, support resistance
- Source: TradingView — https://tradingview.com/chart/XOM/0YI0MYEM-Exxon-May-Be-Oversold
- Published: 2026-11-10T15:54:52+00:00
- Read time: 1 min
- Topics: exxon, nyse, xom, tradingview, stock, options, technical analysis, support resistance, business, finance
## Exxon stock pullback
Exxon Mobil hit a new record high last month and pulled back after dropping from its monthly close.
## Key technical level
The $162.75 level, the final price on September 30, could act as support for the stock.
## Moving averages trend
The 50-day simple moving average is above the 100-day SMA, which is above the 200-day SMA, suggesting a bullish trend.
## Oversold indicators
Stochastics have reached an oversold condition, indicating potential buying pressure.
## Options market activity
XOM has high options volume with 63,000 daily contracts, ranking first among S&P 500 energy stocks.
## TradeStation broker
TradeStation offers brokerage services for stocks, options, and futures trading with risk disclosures.
## Key takeaway

Exxon's stock may rebound as technical indicators suggest oversold conditions and strong options activity.