(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 2024-05-08 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 6444260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 63.68 | 63.94 | 64.67 | 63.44 | 1.409 times |
| 07 Tue May 2024 | 65.07 | 64.93 | 65.45 | 64.87 | 0.972 times |
| 06 Mon May 2024 | 65.02 | 64.81 | 65.78 | 64.80 | 1.301 times |
| 03 Fri May 2024 | 64.39 | 64.80 | 64.91 | 63.66 | 1.051 times |
| 02 Thu May 2024 | 64.66 | 64.77 | 65.38 | 64.12 | 0.854 times |
| 01 Wed May 2024 | 64.45 | 65.68 | 65.99 | 63.69 | 1.344 times |
| 30 Tue Apr 2024 | 66.14 | 68.17 | 68.17 | 66.11 | 1.146 times |
| 29 Mon Apr 2024 | 68.23 | 67.36 | 68.43 | 67.35 | 0.844 times |
| 26 Fri Apr 2024 | 67.78 | 67.94 | 68.02 | 66.93 | 0.842 times |
| 25 Thu Apr 2024 | 67.88 | 67.24 | 68.02 | 66.99 | 0.825 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 63.1, for a target of 65 or 66.56
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.53 |
| Downside Target | 60.01 |
| Downside Target | 63.44 |
| 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 | 62.82 |
| Downside Intraday Target | 61.96 |
| Upside Intraday Target | 65.16 |
| Upside Intraday Target | 66.64 |
| Upside Intraday Target | 64.3 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 63.68 | 64.81 | 65.78 | 63.44 | 0.703 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 down 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 |
| 08 Wed May 2024 | 63.68 | 65.68 | 65.99 | 63.44 | 0.253 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Occidental Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Occidental Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.5 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 Strong and stock is gaining 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Occidental Petroleum in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Occidental Petroleum is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.5 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.