(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 2024-05-24 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 5715371
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 61.95 | 62.20 | 62.48 | 61.75 | 0.808 times |
| 23 Thu May 2024 | 61.96 | 62.87 | 63.11 | 61.67 | 1.156 times |
| 22 Wed May 2024 | 62.66 | 63.10 | 63.17 | 62.19 | 1.006 times |
| 21 Tue May 2024 | 63.35 | 63.42 | 64.07 | 63.18 | 0.716 times |
| 20 Mon May 2024 | 63.57 | 63.66 | 63.75 | 63.00 | 0.831 times |
| 17 Fri May 2024 | 63.41 | 62.98 | 63.55 | 62.67 | 1.151 times |
| 16 Thu May 2024 | 62.86 | 63.37 | 63.57 | 62.72 | 0.928 times |
| 15 Wed May 2024 | 63.38 | 62.90 | 63.55 | 62.01 | 1.12 times |
| 14 Tue May 2024 | 63.06 | 62.89 | 63.29 | 62.67 | 0.824 times |
| 13 Mon May 2024 | 62.91 | 63.77 | 63.92 | 62.51 | 1.123 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.5, but if it comes above 62.5, then a intra day buy could be more profitable.
If you take a sell trade below 62.5, then use 62.5 as stoploss and 60.8 as target. However if you take a buy trade in stock , then use 62.5 as stoploss and 63.93 as target.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.53 |
| Downside Target | 60.01 |
| Upside Target | 63.44 |
| Upside Target | 64.57 |
| Upside Target | 65.13 |
| Upside Target | 65.78 |
| Upside Target | 65.88 |
| Upside Target | 65.99 |
| Upside Target | 68.02 |
| Upside Target | 68.43 |
| Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 61.06 |
| Downside Intraday Target | 60.16 |
| Upside Intraday Target | 63.46 |
| Upside Intraday Target | 64.96 |
| Upside Intraday Target | 62.56 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 61.95 | 63.66 | 64.07 | 61.67 | 0.878 times |
| 17 Fri May 2024 | 63.41 | 63.77 | 63.92 | 62.01 | 0.834 times |
| 10 Fri May 2024 | 63.57 | 64.81 | 65.78 | 63.44 | 1.044 times |
| 03 Fri May 2024 | 64.39 | 67.36 | 68.43 | 63.66 | 1.219 times |
| 26 Fri Apr 2024 | 67.78 | 66.11 | 68.02 | 65.88 | 0.608 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 |
| 24 Fri May 2024 | 61.95 | 65.68 | 65.99 | 61.67 | 0.63 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 |
| 29 Thu Feb 2024 | 60.61 | 57.91 | 61.29 | 56.07 | 1.017 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Occidental Petroleum stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 62.9 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Occidental Petroleum stock for short term is SELL. Signal strength is Strong and stock is losing 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 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 62.9 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.