(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 2024-06-14 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 6868080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 59.84 | 59.85 | 59.87 | 59.13 | 1.254 times |
| 13 Thu Jun 2024 | 59.80 | 60.31 | 60.39 | 59.38 | 1.337 times |
| 12 Wed Jun 2024 | 60.30 | 61.10 | 61.26 | 60.01 | 1.081 times |
| 11 Tue Jun 2024 | 60.61 | 60.39 | 60.73 | 59.96 | 0.713 times |
| 10 Mon Jun 2024 | 60.48 | 60.01 | 60.54 | 59.74 | 1.14 times |
| 07 Fri Jun 2024 | 59.48 | 59.81 | 60.27 | 59.33 | 1.014 times |
| 06 Thu Jun 2024 | 60.08 | 59.75 | 60.11 | 59.52 | 0.732 times |
| 05 Wed Jun 2024 | 59.84 | 60.15 | 60.15 | 59.45 | 0.714 times |
| 04 Tue Jun 2024 | 59.89 | 60.01 | 60.01 | 59.00 | 1.006 times |
| 03 Mon Jun 2024 | 60.57 | 62.22 | 62.24 | 60.19 | 1.101 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.9, but if it comes above 59.9, then a intra day buy could be more profitable.
If you take a sell trade below 59.9, then use 59.9 as stoploss and 58.3 as target. However if you take a buy trade in stock , then use 59.9 as stoploss and 61.24 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 | 58.89 |
| Downside Intraday Target | 57.95 |
| Upside Intraday Target | 61.02 |
| Upside Intraday Target | 62.21 |
| Upside Intraday Target | 60.08 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 59.84 | 60.01 | 61.26 | 59.13 | 1.21 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 |
| 14 Fri Jun 2024 | 59.84 | 62.22 | 62.24 | 59.00 | 0.509 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Occidental Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.08 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 gaining 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Occidental Petroleum is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 60.08 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.