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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 2024-10-08 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 17827800

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	54.32	54.92	54.93	53.78	0.772 times
07 Mon Oct 2024	55.91	55.98	56.49	55.66	0.907 times
04 Fri Oct 2024	55.76	55.13	55.80	54.36	0.809 times
03 Thu Oct 2024	54.79	53.53	54.89	53.23	0.985 times
02 Wed Oct 2024	53.44	54.02	54.05	52.33	1.279 times
01 Tue Oct 2024	53.25	51.23	53.77	50.93	1.565 times
30 Mon Sep 2024	51.54	51.16	52.06	50.35	1.14 times
27 Fri Sep 2024	51.03	50.13	51.16	50.05	0.881 times
26 Thu Sep 2024	49.91	50.21	50.63	49.75	1.254 times
25 Wed Sep 2024	51.12	51.92	52.36	51.03	0.663 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54, but if it comes below 54, then a intra day sell could be more profitable.
If you take a sell trade below 54, then use 54 as stoploss and 52.36 as target. However if you take a buy trade in stock , then use 54 as stoploss and 56 as target.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	49.75
Downside Target	52.72
Upside 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	53.24
Downside Intraday Target	52.15
Upside Intraday Target	55.95
Upside Intraday Target	57.57
Upside Intraday Target	54.86

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	54.32	55.98	56.49	53.78	0.291 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 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
08 Tue Oct 2024	54.32	51.23	56.49	50.93	0.425 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Occidental Petroleum in short term but SELL signal is weak.

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 53.01 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.