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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 2024-10-24 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 9216870

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	51.35	51.33	51.68	51.20	0.968 times
23 Wed Oct 2024	51.32	52.00	52.09	51.14	0.888 times
22 Tue Oct 2024	52.10	52.14	52.61	51.93	0.839 times
21 Mon Oct 2024	51.82	52.05	52.34	51.50	0.965 times
18 Fri Oct 2024	51.66	51.71	51.83	51.10	1.024 times
17 Thu Oct 2024	51.72	51.25	51.76	51.09	0.829 times
16 Wed Oct 2024	51.26	51.82	52.04	51.25	0.923 times
15 Tue Oct 2024	51.56	52.69	52.69	51.53	1.62 times
14 Mon Oct 2024	53.91	54.27	54.40	53.40	1.104 times
11 Fri Oct 2024	54.76	54.35	55.24	54.23	1.024 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.4, but if it comes above 51.4, then a intra day buy could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 49.5 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 53 as target.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	49.75
Upside Target	52.61
Upside Target	55.80
Upside Target	56.23
Upside Target	56.49
Upside Target	59.00
Upside Target	59.58
Upside Target	60.98
Upside Target	63.65
Upside Target	64.76

Intraday share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Intraday Target	50.79
Downside Intraday Target	50.23
Upside Intraday Target	52.26
Upside Intraday Target	53.17
Upside Intraday Target	51.7

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	51.35	52.05	52.61	51.14	0.666 times
18 Fri Oct 2024	51.66	54.27	54.40	51.09	0.914 times
11 Fri Oct 2024	54.76	55.98	56.49	53.56	0.538 times
04 Fri Oct 2024	55.76	51.16	55.80	50.35	1.5 times
27 Fri Sep 2024	51.03	51.85	53.11	49.75	1.304 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 Thu Oct 2024	51.35	51.23	56.49	50.93	0.841 times
30 Mon Sep 2024	51.54	56.22	56.23	49.75	1.012 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Occidental Petroleum ( (OXY) ) based on a short 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 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 Weak 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 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 52.16 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.