(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 2024-05-20 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 6466765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 63.57 | 63.66 | 63.75 | 63.00 | 0.735 times |
| 17 Fri May 2024 | 63.41 | 62.98 | 63.55 | 62.67 | 1.017 times |
| 16 Thu May 2024 | 62.86 | 63.37 | 63.57 | 62.72 | 0.82 times |
| 15 Wed May 2024 | 63.38 | 62.90 | 63.55 | 62.01 | 0.99 times |
| 14 Tue May 2024 | 63.06 | 62.89 | 63.29 | 62.67 | 0.728 times |
| 13 Mon May 2024 | 62.91 | 63.77 | 63.92 | 62.51 | 0.993 times |
| 10 Fri May 2024 | 63.57 | 64.48 | 64.70 | 63.44 | 1.011 times |
| 09 Thu May 2024 | 64.24 | 63.78 | 64.56 | 63.60 | 0.771 times |
| 08 Wed May 2024 | 63.68 | 63.94 | 64.67 | 63.44 | 1.404 times |
| 07 Tue May 2024 | 65.07 | 64.93 | 65.45 | 64.87 | 0.969 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 63.2 as stoploss in an intra day buy trade for a target of 64.95. However, stock will show a bearish move below 63.2.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.53 |
| Downside Target | 60.01 |
| Upside Target | 63.92 |
| Upside Target | 64.57 |
| Upside Target | 65.13 |
| Upside Target | 65.78 |
| Upside Target | 65.88 |
| Upside Target | 65.99 |
| Upside Target | 68.02 |
| Upside Target | 68.43 |
| Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 63.13 |
| Downside Intraday Target | 62.69 |
| Upside Intraday Target | 63.88 |
| Upside Intraday Target | 64.19 |
| Downside Intraday Target | 63.44 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 63.57 | 63.66 | 63.75 | 63.00 | 0.162 times |
| 17 Fri May 2024 | 63.41 | 63.77 | 63.92 | 62.01 | 0.834 times |
| 10 Fri May 2024 | 63.57 | 64.81 | 65.78 | 63.44 | 1.044 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 |
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 |
| 20 Mon May 2024 | 63.57 | 65.68 | 65.99 | 62.01 | 0.511 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 63.59 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 negative.
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 63.59 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.