StockCall Pre-Market Review on Exxon Mobil, BP plc, Encana, and Royal Dutch Shell PR Newswire LONDON, April 17, 2013 LONDON, April 17, 2013 /PRNewswire/ -- Reports about continuation of monetary stimulus helped markets regain their optimistic sentiments. Strong earnings reports also pulled the stocks higher. Markets are expected to remain strong this week as the major companies announce their quarterly figures. The basic materials sector remained mixed with a bullish bias. Exxon Mobil Corporation (NYSE: XOM) and BP plc (NYSE: BP) remained neutral while Encana Corporation (NYSE: ECA) and Royal Dutch Shell Plc (NYSE: RDS.B) showed gains. StockCall analysts initiated preliminary technical research on XOM, BP, ECA, and RDS-B. These free reports are accessible by signing today at http://www.stockcall.com/register Exxon Mobil Corporation closed its latest trading session at $86.61, up 0.14 percent from its previous close. The stock traded in the range of $86.08 and $87.23 in Tuesday's session and traded 14.58 million shares. It is likely to face its first resistance level at $87.69 and upon breaching this level the stock may go up to $88.21. On the downside, Exxon Mobil may tumble to $86.55 level. The stock is neutral as it sports the beta of 0.49. So far in 2013, it grew 1.77 percent whereas in the past 52 weeks, it gained 4.41 percent of its value. The stock is in a bullish mode. The free technical analysis on XOM is available by signing up at http://www.StockCall.com/XOM041713.pdf BP plc's stock is down 0.17 percent on a YTD basis, thanks to its 0.46 percent gain in the previous trading session. The stock closed at $41.15 after trading in the range of $41.00 and $41.38 on Tuesday. The stock shows a neutral streak and may touch $41.24 level. Its second resistance level is at $41.60. It traded 6.20 million shares during yesterday's session, up from its average trading volume of 6.05 million. BP declined 2.37 percent in the past 52 weeks, and the stock has traded in the range of $36.25 and $45.45 in the same time period. It is currently trading below its short-term moving average price of $41.62 and long-term moving average price of $41.55. Register now to download the free research on BP at http://www.StockCall.com/BP041713.pdf Encana Corporation's stock trimmed its YTD losses with 0.85 percent gain in yesterday's session. The stock traded in the range of $18.42 and $19.02 and closed at $18.90. However, it traded lower than average number of shares at 3.38 million. The stock is in a neutral mode and is likely to maintain its upward ascent in the coming sessions. Its first resistance level is at $19.10 and upon breaching this level, may go as high as $19.49. ECA may test the support level of $18.44 in the coming trading sessions. The stock is also trading below its 20-day moving average price and 50-day moving average price. Free report on ECA can be accessed by registering at http://www.StockCall.com/ECA041713.pdf Royal Dutch Shell Plc traded in the range of $66.24 and $66.63 in its latest trading session and ended the day at $66.57, up 1.08 percent. The stock's 52 weeks range stands at $63.05 and $76.13. The company's stock has lost 3.24 percent of its value in the past 12 months, while it declined 5.87 percent on a YTD basis. The stock is in a neutral mode and may find its first support level at $18.44. It is trading below its 20-day moving average of $66.68. Register with StockCall and download the research on RDS-B for free at http://www.StockCall.com/RDS-B041713.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person: William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646) 396-9857 (9:00 am EST - 01:30 pm EST)
StockCall Pre-Market Review on Exxon Mobil, BP plc, Encana, and Royal Dutch Shell
Press spacebar to pause and continue. Press esc to stop.