(OXY) Occidental Petroleum complete technical analysis [charts+indicators] | Buy/Sell Occidental Petroleum | (OXY) share price targets
Complete technical analysis of Occidental Petroleum (OXY) by charts plus indicators, forecast predictions and share price targets for Occidental Petroleum (OXY)
Occidental Petroleum trades in USA in Energy sector.
Showing technical analysis as on 2024-05-06 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 6145320
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 65.02 | 64.81 | 65.78 | 64.80 | 1.364 times |
03 Fri May 2024 | 64.39 | 64.80 | 64.91 | 63.66 | 1.102 times |
02 Thu May 2024 | 64.66 | 64.77 | 65.38 | 64.12 | 0.896 times |
01 Wed May 2024 | 64.45 | 65.68 | 65.99 | 63.69 | 1.41 times |
30 Tue Apr 2024 | 66.14 | 68.17 | 68.17 | 66.11 | 1.202 times |
29 Mon Apr 2024 | 68.23 | 67.36 | 68.43 | 67.35 | 0.885 times |
26 Fri Apr 2024 | 67.78 | 67.94 | 68.02 | 66.93 | 0.883 times |
25 Thu Apr 2024 | 67.88 | 67.24 | 68.02 | 66.99 | 0.865 times |
24 Wed Apr 2024 | 67.33 | 67.10 | 67.52 | 66.75 | 0.86 times |
23 Tue Apr 2024 | 67.39 | 66.63 | 67.50 | 66.41 | 0.876 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.5, but if it comes above 65.5, then a intra day buy could be more profitable.
If you take a sell trade below 65.5, then use 65.5 as stoploss and 63.7 as target. However if you take a buy trade in stock , then use 65.5 as stoploss and 66.99 as target.
Share price targets for Occidental Petroleum (OXY)
Target Type | Value |
Downside Target | 55.53 |
Downside Target | 60.01 |
Downside Target | 63.66 |
Upside Target | 65.88 |
Upside Target | 65.99 |
Upside Target | 67.95 |
Upside Target | 68.02 |
Upside Target | 68.43 |
Upside Target | 69.44 |
Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
Target Type | Value |
Downside Intraday Target | 64.62 |
Downside Intraday Target | 64.22 |
Upside Intraday Target | 65.6 |
Upside Intraday Target | 66.18 |
Upside Intraday Target | 65.2 |
Weekly technical analysis of Occidental Petroleum (OXY)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 65.02 | 64.81 | 65.78 | 64.80 | 0.248 times |
03 Fri May 2024 | 64.39 | 67.36 | 68.43 | 63.66 | 1.219 times |
26 Fri Apr 2024 | 67.78 | 66.11 | 68.02 | 65.88 | 0.608 times |
19 Fri Apr 2024 | 66.63 | 69.24 | 69.44 | 65.51 | 1.07 times |
12 Fri Apr 2024 | 69.01 | 69.00 | 71.19 | 67.95 | 0.885 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Occidental Petroleum (OXY)
Date | Monthly Closing Price | Open | High | Low | Volume |
06 Mon May 2024 | 65.02 | 65.68 | 65.99 | 63.66 | 0.166 times |
30 Tue Apr 2024 | 66.14 | 65.29 | 71.19 | 64.57 | 1.287 times |
28 Thu Mar 2024 | 64.99 | 60.97 | 65.13 | 60.01 | 0.669 times |
29 Thu Feb 2024 | 60.61 | 57.91 | 61.29 | 56.07 | 1.017 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Occidental Petroleum (OXY)
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Occidental Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term but the sell signal is initial and weak.
Occidental Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Occidental Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.12 and Occidental Petroleum (OXY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Occidental Petroleum (OXY) stock. Volume based technical analysis of Occidental Petroleum (OXY) stock is negative.
Occidental Petroleum Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Occidental Petroleum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term but the sell signal is initial and weak.
Occidental Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Occidental Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 66.12 and Occidental Petroleum (OXY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Occidental Petroleum (OXY) stock. Volume based technical analysis of Occidental Petroleum (OXY) stock is negative.
Occidental Petroleum Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.