(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 2024-09-05 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 10223080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 53.74 | 55.05 | 55.06 | 53.60 | 1.384 times |
| 04 Wed Sep 2024 | 54.63 | 55.40 | 55.76 | 54.59 | 1.013 times |
| 03 Tue Sep 2024 | 55.40 | 56.22 | 56.23 | 55.28 | 1.503 times |
| 30 Fri Aug 2024 | 56.98 | 57.04 | 57.11 | 56.37 | 0.941 times |
| 30 Fri Aug 2024 | 56.98 | 57.04 | 57.11 | 56.37 | 0.941 times |
| 29 Thu Aug 2024 | 57.21 | 57.00 | 57.57 | 56.41 | 0.925 times |
| 28 Wed Aug 2024 | 56.78 | 56.54 | 56.92 | 56.24 | 0.713 times |
| 27 Tue Aug 2024 | 56.84 | 57.34 | 57.46 | 56.54 | 0.825 times |
| 26 Mon Aug 2024 | 57.37 | 58.14 | 58.47 | 57.23 | 1.105 times |
| 23 Fri Aug 2024 | 57.24 | 56.68 | 57.26 | 56.39 | 1.185 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 54.2, for a target of 55.6 or 56.8
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 53.60 |
| Upside Target | 55.04 |
| Upside Target | 58.47 |
| Upside Target | 59.00 |
| Upside Target | 59.11 |
| Upside Target | 59.58 |
| Upside Target | 60.76 |
| Upside Target | 60.98 |
| Upside Target | 63.65 |
| Upside Target | 64.76 |
| Upside Target | 65.99 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 52.82 |
| Downside Intraday Target | 51.89 |
| Upside Intraday Target | 55.45 |
| Upside Intraday Target | 57.15 |
| Upside Intraday Target | 54.52 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 53.74 | 56.22 | 56.23 | 53.60 | 4.143 times |
| 30 Fri Aug 2024 | 56.98 | 57.04 | 57.11 | 56.37 | 0.209 times |
| 30 Fri Aug 2024 | 56.98 | 58.14 | 58.47 | 56.24 | 0.768 times |
| 23 Fri Aug 2024 | 57.24 | 57.91 | 58.20 | 55.75 | 0.902 times |
| 16 Fri Aug 2024 | 57.61 | 58.85 | 59.11 | 56.64 | 1.239 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 |
| 05 Thu Sep 2024 | 53.74 | 56.22 | 56.23 | 53.60 | 0.152 times |
| 30 Fri Aug 2024 | 56.98 | 60.86 | 60.98 | 55.04 | 1.799 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 |
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 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 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 56.17 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 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 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 56.17 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.