Exxon Mobil Corporation (NYSE: XOM): fell by 0.19% or $-0.16/share to $84.82. In the past year, the shares have traded as low as $67.03 and as high as $88.13. On average, 15544500 shares of XOM exchange hands on a given day and today's volume is recorded at 11957908. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $86.21 represents resistance and the 200-day moving average of $81.76 would be an area of support.
Chevron Corporation (NYSE: CVX): fell by 0.80% or $-0.85/share to $104.75. In the past year, the shares have traded as low as $86.68 and as high as $112.28. On average, 6821250 shares of CVX exchange hands on a given day and today's volume is recorded at 5983858. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $108.39 represents resistance and the 200-day moving average of $104.01 would be an area of support.
Schlumberger Limited. (NYSE: SLB): fell by 0.39% or $-0.27/share to $68.42. In the past year, the shares have traded as low as $54.79 and as high as $95.53. On average, 8609920 shares of SLB exchange hands on a given day and today's volume is recorded at 7971254. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $71.70 area where the stock may encounter resistance.
ConocoPhillips (NYSE: COP): fell by 1.08% or $-0.82/share to $75.36. In the past year, the shares have traded as low as $58.65 and as high as $81.75. On average, 9607240 shares of COP exchange hands on a given day and today's volume is recorded at 6361232. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $76.42 represents resistance and the 200-day moving average of $71.39 would be an area of support.
Halliburton Company (NYSE: HAL): fell by 0.70% or $-0.23/share to $32.77. In the past year, the shares have traded as low as $27.21 and as high as $57.77. On average, 15773500 shares of HAL exchange hands on a given day and today's volume is recorded at 13235509. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $34.92 area but be careful because the stock may face selling pressure at this level.