(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 2024-06-10 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 6073680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 60.48 | 60.01 | 60.54 | 59.74 | 1.289 times |
| 07 Fri Jun 2024 | 59.48 | 59.81 | 60.27 | 59.33 | 1.147 times |
| 06 Thu Jun 2024 | 60.08 | 59.75 | 60.11 | 59.52 | 0.828 times |
| 05 Wed Jun 2024 | 59.84 | 60.15 | 60.15 | 59.45 | 0.807 times |
| 04 Tue Jun 2024 | 59.89 | 60.01 | 60.01 | 59.00 | 1.138 times |
| 03 Mon Jun 2024 | 60.57 | 62.22 | 62.24 | 60.19 | 1.245 times |
| 31 Fri May 2024 | 62.50 | 61.33 | 62.59 | 61.33 | 1.313 times |
| 30 Thu May 2024 | 61.21 | 60.99 | 61.55 | 60.92 | 0.624 times |
| 29 Wed May 2024 | 61.12 | 62.06 | 62.06 | 60.76 | 1.105 times |
| 28 Tue May 2024 | 62.21 | 62.29 | 62.85 | 61.84 | 1.033 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.5, but if it comes above 60.5, then a intra day buy could be more profitable.
If you take a sell trade below 60.5, then use 60.5 as stoploss and 58.9 as target. However if you take a buy trade in stock , then use 60.5 as stoploss and 61.82 as target.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 56.07 |
| Downside Target | 59.00 |
| Upside Target | 62.24 |
| Upside Target | 62.85 |
| Upside Target | 63.92 |
| Upside Target | 64.07 |
| Upside Target | 64.57 |
| Upside Target | 65.13 |
| Upside Target | 65.99 |
| Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 59.97 |
| Downside Intraday Target | 59.45 |
| Upside Intraday Target | 60.77 |
| Upside Intraday Target | 61.05 |
| Downside Intraday Target | 60.25 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 60.48 | 60.01 | 60.54 | 59.74 | 0.25 times |
| 07 Fri Jun 2024 | 59.48 | 62.22 | 62.24 | 59.00 | 1.267 times |
| 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 |
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 |
| 10 Mon Jun 2024 | 60.48 | 62.22 | 62.24 | 59.00 | 0.288 times |
| 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 |
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 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 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 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 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 60.77 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 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 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 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 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 60.77 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.