Should I open a position in XOM

**Exxon Mobil Corporation (XOM) appears to be a good buy**. Here's why:

1. **Strong Analyst Consensus**: The consensus rating for Exxon Mobil is a "Buy" with an average price target of $136.85, which represents a significant upside from the current price. This suggests that analysts are optimistic about the company's future performance.
2. **Technical Indicators**: Exxon Mobil's stock is currently trading above its 5-Day, 10-Day, and 50-Day moving averages, which is a bullish signal as it suggests that the stock is in an uptrend. Additionally, the stock's RSI, MACD, and KDJ indicators are positive, indicating that the stock is in an overbought condition but not excessively so.

|Ticker|Name|Support Level|Resistance Level|Closing Price|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|XOM.N|Exxon Mobil|114.2700|115.6600|114.76|20240703|XOM|169|

|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|XOM.N|Exxon Mobil|115.2528|114.7840|113.9250|20240703|XOM|169|

|Ticker|Name|RSI|MACD|KDJ|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|XOM.N|Exxon Mobil|56.8826||77.6040|20240702|XOM|169|
|XOM.N|Exxon Mobil||1.0972||20240703|XOM|169|

3. **Recent Performance**: Exxon Mobil's stock has been performing well, with a 0.8% upside over the past month. This indicates a strong short-term trend.
4. **Market Position**: Exxon Mobil is one of the largest oil and gas companies in the world, with a significant market share and a history of stable earnings and dividends. The company's diversified portfolio of products and services, including oil and gas exploration, production, and refining, positions it well in the energy sector.
5. **Earnings Report**: The company's recent earnings report showed strong financial performance with a net income of $8.57 billion and a gross profit margin of 32.09%. This indicates that the company is profitable and efficient in generating returns.
6. **Dividend Yield**: Exxon Mobil offers a dividend yield of 32.09%, which is attractive for income-seeking investors.

In conclusion, Exxon Mobil's strong analyst consensus, bullish technical indicators, recent positive performance, strong market position, and solid earnings report make it a compelling buy. Investors should consider their risk tolerance and investment horizon before deciding to buy in XOM.