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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 2024-09-05 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 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.