(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 2024-06-21 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 8470310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 60.92 | 62.69 | 62.77 | 60.72 | 2.514 times |
| 20 Thu Jun 2024 | 62.44 | 61.92 | 62.96 | 61.44 | 1.325 times |
| 18 Tue Jun 2024 | 61.26 | 61.03 | 61.60 | 60.83 | 1.231 times |
| 18 Tue Jun 2024 | 61.26 | 61.03 | 61.60 | 60.83 | 1.231 times |
| 17 Mon Jun 2024 | 60.20 | 59.88 | 60.38 | 59.48 | 0.911 times |
| 14 Fri Jun 2024 | 59.84 | 59.85 | 59.87 | 59.13 | 1.017 times |
| 13 Thu Jun 2024 | 59.80 | 60.31 | 60.39 | 59.38 | 1.084 times |
| 12 Wed Jun 2024 | 60.30 | 61.10 | 61.26 | 60.01 | 0.877 times |
| 11 Tue Jun 2024 | 60.61 | 60.39 | 60.73 | 59.96 | 0.578 times |
| 10 Mon Jun 2024 | 60.48 | 60.01 | 60.54 | 59.74 | 0.924 times |
Stock of Occidental Petroleum (OXY) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 61.7 or till 62.8. Use a stoploss of 60.8 and if this stock hits its stoploss, then it can fall down till 59.9
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 56.07 |
| Downside Target | 59.00 |
| Upside Target | 61.60 |
| Upside 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 | 60.11 |
| Downside Intraday Target | 59.29 |
| Upside Intraday Target | 62.35 |
| Upside Intraday Target | 63.77 |
| Upside Intraday Target | 61.53 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 60.92 | 61.03 | 62.96 | 60.72 | 2.367 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Occidental Petroleum (OXY)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 60.92 | 62.22 | 62.96 | 59.00 | 0.958 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 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 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 Weak and stock is losing 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
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 60.81 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 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 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 Weak and stock is losing 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 tired and bears are picking up momentum.
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 but SELL signal is weak.
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 60.81 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.