(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 2024-08-19 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 12022640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 57.39 | 57.91 | 58.20 | 57.31 | 0.92 times |
| 16 Fri Aug 2024 | 57.61 | 57.42 | 57.85 | 57.26 | 0.741 times |
| 15 Thu Aug 2024 | 57.81 | 57.23 | 57.93 | 57.15 | 0.857 times |
| 14 Wed Aug 2024 | 56.94 | 57.74 | 57.74 | 56.64 | 1.516 times |
| 13 Tue Aug 2024 | 57.46 | 57.88 | 57.95 | 56.97 | 1.872 times |
| 12 Mon Aug 2024 | 58.98 | 58.85 | 59.11 | 58.31 | 0.548 times |
| 09 Fri Aug 2024 | 58.41 | 58.64 | 58.65 | 57.77 | 0.632 times |
| 08 Thu Aug 2024 | 58.53 | 57.50 | 59.31 | 57.10 | 1.148 times |
| 07 Wed Aug 2024 | 56.11 | 57.19 | 57.20 | 56.06 | 0.823 times |
| 06 Tue Aug 2024 | 56.13 | 56.47 | 56.63 | 56.03 | 0.749 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 as stoploss in an intra day buy trade for a target of 58.57. However, stock will show a bearish move below 57.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.04 |
| Downside Target | 56.45 |
| 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 | 57.07 |
| Downside Intraday Target | 56.74 |
| Upside Intraday Target | 57.96 |
| Upside Intraday Target | 58.52 |
| Upside Intraday Target | 57.63 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 57.39 | 57.91 | 58.20 | 57.31 | 0.166 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 |
| 19 Mon Aug 2024 | 57.39 | 60.86 | 60.98 | 55.04 | 1.079 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Occidental Petroleum in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 buy signal for Occidental Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 57.47 and Occidental Petroleum (OXY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Occidental Petroleum in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Occidental Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 buy signal for Occidental Petroleum in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 57.47 and Occidental Petroleum (OXY) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.