(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 2024-08-08 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 8680860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 58.53 | 57.50 | 59.31 | 57.10 | 1.59 times |
| 07 Wed Aug 2024 | 56.11 | 57.19 | 57.20 | 56.06 | 1.14 times |
| 06 Tue Aug 2024 | 56.13 | 56.47 | 56.63 | 56.03 | 1.037 times |
| 05 Mon Aug 2024 | 56.18 | 55.50 | 56.69 | 55.04 | 1.543 times |
| 02 Fri Aug 2024 | 57.67 | 58.62 | 58.79 | 56.45 | 1.866 times |
| 01 Thu Aug 2024 | 59.38 | 60.86 | 60.98 | 58.77 | 1.106 times |
| 31 Wed Jul 2024 | 60.82 | 61.19 | 61.35 | 60.80 | 0.655 times |
| 30 Tue Jul 2024 | 60.27 | 60.09 | 60.43 | 59.79 | 0.669 times |
| 29 Mon Jul 2024 | 60.18 | 60.69 | 60.79 | 59.58 | 0.73 times |
| 26 Fri Jul 2024 | 60.54 | 60.60 | 60.76 | 59.96 | 0.598 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.9 as stoploss in an intra day buy trade for a target of 60.17. However, stock will show a bearish move below 57.9.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.04 |
| Downside Target | 56.45 |
| Upside Target | 59.00 |
| Upside Target | 61.99 |
| 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 | 55.94 |
| Downside Intraday Target | 53.36 |
| Upside Intraday Target | 60.21 |
| Upside Intraday Target | 61.9 |
| Downside Intraday Target | 57.63 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 58.53 | 55.50 | 59.31 | 55.04 | 1.057 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 |
| 19 Fri Jul 2024 | 63.13 | 61.58 | 64.76 | 61.06 | 1.466 times |
| 12 Fri Jul 2024 | 61.20 | 61.40 | 61.99 | 60.41 | 3.045 times |
Price has moved up 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 |
| 08 Thu Aug 2024 | 58.53 | 60.86 | 60.98 | 55.04 | 0.494 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 58.12 and Occidental Petroleum (OXY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Occidental Petroleum in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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 58.12 and Occidental Petroleum (OXY) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.