(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 2024-05-22 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 5885991
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 62.66 | 63.10 | 63.17 | 62.19 | 0.977 times |
| 21 Tue May 2024 | 63.35 | 63.42 | 64.07 | 63.18 | 0.695 times |
| 20 Mon May 2024 | 63.57 | 63.66 | 63.75 | 63.00 | 0.807 times |
| 17 Fri May 2024 | 63.41 | 62.98 | 63.55 | 62.67 | 1.118 times |
| 16 Thu May 2024 | 62.86 | 63.37 | 63.57 | 62.72 | 0.901 times |
| 15 Wed May 2024 | 63.38 | 62.90 | 63.55 | 62.01 | 1.088 times |
| 14 Tue May 2024 | 63.06 | 62.89 | 63.29 | 62.67 | 0.8 times |
| 13 Mon May 2024 | 62.91 | 63.77 | 63.92 | 62.51 | 1.091 times |
| 10 Fri May 2024 | 63.57 | 64.48 | 64.70 | 63.44 | 1.111 times |
| 09 Thu May 2024 | 64.24 | 63.78 | 64.56 | 63.60 | 0.847 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.8, but if it comes above 62.8, then a intra day buy could be more profitable.
If you take a sell trade below 62.8, then use 62.8 as stoploss and 60.8 as target. However if you take a buy trade in stock , then use 62.8 as stoploss and 64.52 as target.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.53 |
| Downside Target | 60.01 |
| Upside Target | 63.44 |
| 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 | 61.88 |
| Downside Intraday Target | 61.09 |
| Upside Intraday Target | 63.76 |
| Upside Intraday Target | 64.85 |
| Upside Intraday Target | 62.97 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed May 2024 | 62.66 | 63.66 | 64.07 | 62.19 | 0.496 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 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 |
| 22 Wed May 2024 | 62.66 | 65.68 | 65.99 | 62.01 | 0.567 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 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 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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 63.29 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 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 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 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 and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 63.29 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.