(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 2024-05-31 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 5447368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 62.50 | 61.33 | 62.59 | 61.33 | 1.464 times |
| 30 Thu May 2024 | 61.21 | 60.99 | 61.55 | 60.92 | 0.696 times |
| 29 Wed May 2024 | 61.12 | 62.06 | 62.06 | 60.76 | 1.233 times |
| 28 Tue May 2024 | 62.21 | 62.29 | 62.85 | 61.84 | 1.151 times |
| 24 Fri May 2024 | 61.95 | 62.20 | 62.48 | 61.75 | 0.847 times |
| 23 Thu May 2024 | 61.96 | 62.87 | 63.11 | 61.67 | 1.213 times |
| 22 Wed May 2024 | 62.66 | 63.10 | 63.17 | 62.19 | 1.055 times |
| 21 Tue May 2024 | 63.35 | 63.42 | 64.07 | 63.18 | 0.751 times |
| 20 Mon May 2024 | 63.57 | 63.66 | 63.75 | 63.00 | 0.872 times |
| 17 Fri May 2024 | 63.41 | 62.98 | 63.55 | 62.67 | 1.208 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 62 as stoploss in an intra day buy trade for a target of 63.11. However, stock will show a bearish move below 62.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.53 |
| Downside Target | 60.01 |
| Upside Target | 63.66 |
| Upside Target | 63.92 |
| Upside Target | 64.07 |
| Upside Target | 64.57 |
| Upside Target | 65.13 |
| Upside Target | 65.78 |
| Upside Target | 65.99 |
| Upside Target | 68.43 |
| Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 61.22 |
| Downside Intraday Target | 59.95 |
| Upside Intraday Target | 63.31 |
| Upside Intraday Target | 64.13 |
| Downside Intraday Target | 62.04 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 62.50 | 62.29 | 62.85 | 60.76 | 0.959 times |
| 24 Fri May 2024 | 61.95 | 63.66 | 64.07 | 61.67 | 0.878 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 |
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 |
| 31 Fri May 2024 | 62.50 | 65.68 | 65.99 | 60.76 | 0.77 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 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 but selling is losing 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 62.38 and Occidental Petroleum (OXY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 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 but selling is losing 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 62.38 and Occidental Petroleum (OXY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.