(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 2024-10-07 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 17167990
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 55.91 | 55.98 | 56.49 | 55.66 | 0.942 times |
| 04 Fri Oct 2024 | 55.76 | 55.13 | 55.80 | 54.36 | 0.84 times |
| 03 Thu Oct 2024 | 54.79 | 53.53 | 54.89 | 53.23 | 1.023 times |
| 02 Wed Oct 2024 | 53.44 | 54.02 | 54.05 | 52.33 | 1.328 times |
| 01 Tue Oct 2024 | 53.25 | 51.23 | 53.77 | 50.93 | 1.625 times |
| 30 Mon Sep 2024 | 51.54 | 51.16 | 52.06 | 50.35 | 1.184 times |
| 27 Fri Sep 2024 | 51.03 | 50.13 | 51.16 | 50.05 | 0.915 times |
| 26 Thu Sep 2024 | 49.91 | 50.21 | 50.63 | 49.75 | 1.302 times |
| 25 Wed Sep 2024 | 51.12 | 51.92 | 52.36 | 51.03 | 0.688 times |
| 24 Tue Sep 2024 | 52.40 | 53.00 | 53.11 | 52.26 | 0.536 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 55.7, for a target of 53.8 or 52.21
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 49.75 |
| Downside Target | 52.72 |
| Downside Target | 55.04 |
| 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 | 55.55 |
| Downside Intraday Target | 55.19 |
| Upside Intraday Target | 56.38 |
| Upside Intraday Target | 56.85 |
| Upside Intraday Target | 56.02 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 55.91 | 55.98 | 56.49 | 55.66 | 0.157 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 |
| 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 |
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 |
| 07 Mon Oct 2024 | 55.91 | 51.23 | 56.49 | 50.93 | 0.373 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 up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term and BUY 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 52.88 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Occidental Petroleum in short term and BUY 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 52.88 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 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.