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The best indicator for Exxon (XOM)

We backtested 20 indicators across daily, weekly and hourly charts on real Exxon (XOM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Daily

EMA 50/200 Cross

On the daily chart, this is the strongest risk-adjusted edge we found for Exxon (XOM) over ~64.3 years — trailing buy-and-hold by 1.9% CAGR.

10.4%
CAGR
0.64
Sharpe
-35.5%
Max DD
56.2%
Win rate
13.18
Profit factor
-1.9%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
EMA 50/200 Cross
-1.9% · Sharpe 0.64
Weekly
EMA 20/50 Cross
-2.3% · Sharpe 0.62
1-Hour
Money Flow Index
+1.1% · Sharpe 0.88
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1EMA 50/200 Cross Daily10.4%0.64-35.5%56.2%32-1.9%
2EMA 20/50 Cross Weekly9.9%0.62-44.8%56.5%23-2.3%
3Stochastic Daily8.0%0.61-59.9%71.6%328-4.3%
4SMA 50/200 Cross Daily9.3%0.6-46.1%52.4%42-2.9%
5Williams %R Daily7.3%0.55-59.0%67.8%432-5.0%
6Money Flow Index 1-Hour14.2%0.88-18.4%66.7%181.1%
7Donchian Breakout Weekly6.0%0.46-58.3%50.0%50-6.2%
8RSI Mean-Reversion 1-Hour8.8%0.79-12.7%72.5%40-4.3%
9ADX / DMI Weekly5.3%0.45-45.6%52.6%78-6.9%
10Bollinger Mean-Reversion Daily4.9%0.44-63.3%73.2%254-7.4%
11WaveTrend (8/6/4) Daily5.9%0.44-56.0%71.2%240-6.4%
12Holy Grail Confluence Daily5.2%0.44-49.1%85.1%87-7.1%
13EMA 20/50 Cross Daily5.5%0.41-55.7%39.0%154-6.7%
14CCI Daily5.1%0.41-60.3%70.2%312-7.2%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Exxon (XOM), EMA 50/200 Cross on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.

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