Exxon Mobil (XOM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for XOM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$153.96last close · Aug 4, 202652-week range $105.53 – $176.41 · 12.73% below the high

XOM Falling Wedge Pattern

XOM is currently forming a falling wedge on the daily timeframe. Detected Aug 4, 2026.

A falling wedge is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $148.83 (+8.6%). Across 8,465 backtested falling wedges, the setup followed through 56.2% of the time, averaging +0.55R; XOM's own falling wedges have hit 50.0%.

DirectionBullishTarget$148.83Projected move+8.6%Breakout level$136.45

New to this pattern? What a falling wedge is and how to trade it →

XOM's Most Recent Falling Wedge Trade

XOM's most recent completed falling wedge resolved as a win: it broke higher on Jul 2, 2026 near $137.15, then reached its target at $155.06 on Aug 3, 2026 — a +8.14R move (13.1%) over 21 sessions. Across 206 backtested falling wedges, this setup wins 55.8% of the time.

OutcomeWinResult+8.14REntry$137.15Exit$155.06

Learn about falling wedge

How Falling Wedges Have Performed

Win rate
56.2%
Avg return
+0.55R
Backtested trades
8,465
XOM win rate
50.0%

Historical pattern statistics (2006-08-04 – 2026-08-03), not a prediction.

How these backtests work →

XOM Pattern Trade History

Every completed pattern trade our nightly backtest found on XOM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Falling WedgeJul 2, 2026 @ $137.15Aug 3, 2026 @ $155.06Win+8.14R
Bullish PennantMay 11, 2026 @ $149.68Jun 15, 2026 @ $140.92Loss-1.52R
TriangleDec 29, 2025 @ $120.15Feb 17, 2026 @ $146.19Win+4.70R
TriangleDec 9, 2025 @ $117.23Jan 7, 2026 @ $118.49Win+0.42R
Falling WedgeOct 20, 2025 @ $113.15Nov 19, 2025 @ $117.35Win+1.52R
Rising WedgeOct 10, 2025 @ $112.08Oct 23, 2025 @ $115.98Loss-1.14R
TriangleMar 17, 2025 @ $112.23Apr 3, 2025 @ $112.43Win+0.04R
TriangleNov 21, 2024 @ $121.08Nov 26, 2024 @ $117.97Loss-1.08R
TriangleSep 5, 2024 @ $113.83Sep 11, 2024 @ $108.47Win+0.96R
TriangleAug 21, 2024 @ $114.15Oct 2, 2024 @ $121.52Loss-1.16R
TriangleJul 17, 2024 @ $116.74Sep 11, 2024 @ $109.72Loss-1.11R
Falling WedgeJun 12, 2024 @ $111.15Jul 17, 2024 @ $117.64Loss-1.02R

XOM Support and Resistance Levels

Price found a floor near $142.25 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $167.38 — still about 9% away.

  • Traders commonly watch $167.38 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $142.25 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $138.97, resistance near $169.84. These are chart/swing-derived levels, not formula pivots.

Resistance
$169.84$173.24$174.05$176.95
Support
$138.97$138.39$134.95$134.67

XOM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$151.62$154.84$149.09$153.96
Aug 3, 2026$153.46$155.91$152.65$155.06
Jul 31, 2026$153.74$156.16$152.14$155.44
Jul 30, 2026$155.09$157.78$154.53$156.97
Jul 29, 2026$157.72$159.07$155.86$156.75
Jul 28, 2026$154.17$156.18$151.88$153.04
Jul 27, 2026$153.07$155.42$152.50$154.77
Jul 24, 2026$156.99$158.71$155.68$156.94
Jul 23, 2026$156.60$158.57$156.06$156.89
Jul 22, 2026$153.86$154.80$152.95$154.45

XOM Frequently Asked Questions

What chart pattern is XOM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a falling wedge on Exxon Mobil (XOM) on the daily chart, with a measured-move target of $148.83.
Is a falling wedge bullish or bearish?
The falling wedge detected on XOM is a bullish pattern, projecting a measured-move target of $148.83. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a falling wedge pattern, and what is its win rate?
Across TradingPal's backtest of the falling wedge family (8,465 trades over 631 symbols), it resolved in the expected direction 56.2% of the time with an average of +0.55R. These are historical statistics, not a prediction.
What are the support and resistance levels for XOM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), XOM's nearest support is around $138.97 and nearest resistance around $169.84.
What is the price target if XOM's pattern breaks out?
The detected falling wedge has a geometry-based measured-move target of $148.83 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was XOM's closing price on Aug 4, 2026?
Exxon Mobil (XOM) last closed at $153.96 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.