Mobile app version of munafa.us
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-22 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 12716400

Date Daily Closing Price Open High Low Volume
22 Thu Aug 2024 56.10 56.06 56.51 55.91 0.682 times
21 Wed Aug 2024 56.02 56.58 56.72 55.75 1.078 times
20 Tue Aug 2024 56.17 57.36 57.37 56.15 1.137 times
19 Mon Aug 2024 57.39 57.91 58.20 57.31 0.869 times
16 Fri Aug 2024 57.61 57.42 57.85 57.26 0.701 times
15 Thu Aug 2024 57.81 57.23 57.93 57.15 0.81 times
14 Wed Aug 2024 56.94 57.74 57.74 56.64 1.433 times
13 Tue Aug 2024 57.46 57.88 57.95 56.97 1.77 times
12 Mon Aug 2024 58.98 58.85 59.11 58.31 0.519 times
09 Fri Aug 2024 58.41 58.64 58.65 57.77 0.597 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.3, but if it comes above 56.3, then a intra day buy could be more profitable.
If you take a sell trade below 56.3, then use 56.3 as stoploss and 54.4 as target. However if you take a buy trade in stock , then use 56.3 as stoploss and 57.94 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 55.17
Downside Intraday Target 54.23
Upside Intraday Target 57.62
Upside Intraday Target 59.13
Upside Intraday Target 56.68

Weekly technical analysis of Occidental Petroleum (OXY)

Date Weekly Closing Price Open High Low Volume
22 Thu Aug 2024 56.10 57.91 58.20 55.75 0.72 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
22 Thu Aug 2024 56.10 60.86 60.98 55.04 1.333 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 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 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 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 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 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 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 57.15 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 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 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 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 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 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 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 57.15 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme