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(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 2024-08-21 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 12334920

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	56.02	56.58	56.72	55.75	1.111 times
20 Tue Aug 2024	56.17	57.36	57.37	56.15	1.172 times
19 Mon Aug 2024	57.39	57.91	58.20	57.31	0.896 times
16 Fri Aug 2024	57.61	57.42	57.85	57.26	0.723 times
15 Thu Aug 2024	57.81	57.23	57.93	57.15	0.835 times
14 Wed Aug 2024	56.94	57.74	57.74	56.64	1.477 times
13 Tue Aug 2024	57.46	57.88	57.95	56.97	1.824 times
12 Mon Aug 2024	58.98	58.85	59.11	58.31	0.535 times
09 Fri Aug 2024	58.41	58.64	58.65	57.77	0.616 times
08 Thu Aug 2024	58.53	57.50	59.31	57.10	1.119 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.5, but if it comes above 56.5, then a intra day buy could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 54.6 as target. However if you take a buy trade in stock , then use 56.5 as stoploss and 58.16 as target.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	55.04
Upside Target	58.20
Upside Target	60.76
Upside Target	60.98
Upside Target	61.35
Upside Target	62.55
Upside Target	63.65
Upside Target	64.57
Upside Target	64.76
Upside Target	65.99
Upside Target	71.19

Intraday share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Intraday Target	55.11
Downside Intraday Target	54.21
Upside Intraday Target	57.56
Upside Intraday Target	59.11
Upside Intraday Target	56.66

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	56.02	57.91	58.20	55.75	0.59 times
16 Fri Aug 2024	57.61	58.85	59.11	56.64	1.239 times
09 Fri Aug 2024	58.41	55.50	59.31	55.04	1.231 times
02 Fri Aug 2024	57.67	60.69	61.35	56.45	1.237 times
26 Fri Jul 2024	60.54	62.53	62.55	59.78	0.881 times

Price has moved down 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
21 Wed Aug 2024	56.02	60.86	60.98	55.04	1.273 times
31 Wed Jul 2024	60.82	63.26	64.76	59.58	0.88 times
28 Fri Jun 2024	63.03	62.22	63.65	59.00	1.214 times
31 Fri May 2024	62.50	65.68	65.99	60.76	0.77 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 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 gaining momentum.

MACD generated a SELL signal for Occidental Petroleum in short term and the sell signal is strong.

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 coming down

CCI has generated a SELL signal for Occidental Petroleum in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 57.37 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.