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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 2024-09-26 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 10752450

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	49.91	50.21	50.63	49.75	2.079 times
25 Wed Sep 2024	51.12	51.92	52.36	51.03	1.099 times
24 Tue Sep 2024	52.40	53.00	53.11	52.26	0.856 times
23 Mon Sep 2024	52.24	51.85	52.87	51.64	0.89 times
20 Fri Sep 2024	51.64	51.80	51.81	50.88	1.058 times
19 Thu Sep 2024	52.03	52.63	52.72	51.90	1.008 times
18 Wed Sep 2024	51.75	51.80	52.58	51.63	0.838 times
17 Tue Sep 2024	52.06	51.28	52.14	51.21	1.099 times
16 Mon Sep 2024	51.29	51.23	51.91	50.98	0.895 times
13 Fri Sep 2024	51.05	51.20	51.81	50.95	1.149 times

Stock of Occidental Petroleum (OXY) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.6, but if it comes above 50.6, then a intra day buy could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 48.2 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 52.52 as target.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	49.75
Upside Target	55.04
Upside Target	56.23
Upside Target	57.11
Upside Target	59.00
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	48.74
Downside Intraday Target	47.56
Upside Intraday Target	52.1
Upside Intraday Target	54.28
Upside Intraday Target	50.92

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	49.91	51.85	53.11	49.75	1.005 times
20 Fri Sep 2024	51.64	51.23	52.72	50.88	0.797 times
13 Fri Sep 2024	51.05	52.15	52.77	49.91	1.158 times
06 Fri Sep 2024	52.03	56.22	56.23	51.79	5.929 times
30 Fri Aug 2024	56.98	57.04	57.11	56.37	0.209 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
26 Thu Sep 2024	49.91	56.22	56.23	49.75	0.874 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Occidental Petroleum in short term but the buy signal is initial and weak.

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. 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 51.36 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.