(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 2024-06-20 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 7851020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 62.44 | 61.92 | 62.96 | 61.44 | 1.429 times |
| 18 Tue Jun 2024 | 61.26 | 61.03 | 61.60 | 60.83 | 1.328 times |
| 18 Tue Jun 2024 | 61.26 | 61.03 | 61.60 | 60.83 | 1.328 times |
| 17 Mon Jun 2024 | 60.20 | 59.88 | 60.38 | 59.48 | 0.983 times |
| 14 Fri Jun 2024 | 59.84 | 59.85 | 59.87 | 59.13 | 1.097 times |
| 13 Thu Jun 2024 | 59.80 | 60.31 | 60.39 | 59.38 | 1.17 times |
| 12 Wed Jun 2024 | 60.30 | 61.10 | 61.26 | 60.01 | 0.946 times |
| 11 Tue Jun 2024 | 60.61 | 60.39 | 60.73 | 59.96 | 0.624 times |
| 10 Mon Jun 2024 | 60.48 | 60.01 | 60.54 | 59.74 | 0.997 times |
| 07 Fri Jun 2024 | 59.48 | 59.81 | 60.27 | 59.33 | 0.887 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.8, but if it comes below 61.8, then a intra day sell could be more profitable.
If you take a sell trade below 61.8, then use 61.8 as stoploss and 60.85 as target. However if you take a buy trade in stock , then use 61.8 as stoploss and 62.9 as target.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 56.07 |
| Downside Target | 59.00 |
| Downside Target | 61.60 |
| Downside Target | 62.24 |
| Upside Target | 62.85 |
| Upside Target | 62.96 |
| 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 | 61.19 |
| Downside Intraday Target | 59.95 |
| Upside Intraday Target | 63.32 |
| Upside Intraday Target | 64.21 |
| Downside Intraday Target | 62.08 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 62.44 | 61.03 | 62.96 | 60.83 | 1.193 times |
| 18 Tue Jun 2024 | 61.26 | 59.88 | 61.60 | 59.48 | 0.478 times |
| 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 |
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 Thu Jun 2024 | 62.44 | 62.22 | 62.96 | 59.00 | 0.801 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 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.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short 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.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Occidental Petroleum in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 60.68 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 rising upwards.
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 is giving positive 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short 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.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Occidental Petroleum in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 60.68 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 rising upwards.
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 is giving positive 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.