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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 2024-12-20 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 12614485

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	47.13	46.25	48.00	45.65	2.294 times
19 Thu Dec 2024	45.36	46.29	46.66	45.17	1.448 times
18 Wed Dec 2024	46.02	46.31	47.19	45.81	1.281 times
17 Tue Dec 2024	46.56	46.19	46.57	45.79	1.333 times
16 Mon Dec 2024	46.60	47.30	47.52	46.41	1.088 times
13 Fri Dec 2024	47.64	48.13	48.13	47.43	0.817 times
12 Thu Dec 2024	48.19	48.32	48.52	47.90	0.595 times
11 Wed Dec 2024	48.47	48.18	48.64	47.94	0.729 times
10 Tue Dec 2024	48.05	48.70	48.86	47.58	0.783 times
09 Mon Dec 2024	48.72	48.00	49.15	47.87	0.953 times

Stock of Occidental Petroleum (OXY) has showed a significant upmove. This could be a good time to enter in this stock!

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 47.1 as stoploss in an intra day buy trade for a target of 48.97. However, stock will show a bearish move below 47.1.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	45.17
Upside Target	47.43
Upside Target	50.09
Upside Target	50.35
Upside Target	52.03
Upside Target	52.13
Upside Target	52.30
Upside Target	55.04
Upside Target	56.23
Upside Target	56.49
Upside Target	60.98

Intraday share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Intraday Target	45.53
Downside Intraday Target	43.94
Upside Intraday Target	48.36
Upside Intraday Target	49.6
Downside Intraday Target	46.77

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	47.13	47.30	48.00	45.17	1.92 times
13 Fri Dec 2024	47.64	48.00	49.15	47.43	3.981 times
26 Tue Nov 2024	49.85	50.19	50.35	49.51	0.471 times
26 Tue Nov 2024	49.85	51.93	52.03	49.51	0.604 times
22 Fri Nov 2024	51.93	50.33	52.13	50.09	0.573 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
20 Fri Dec 2024	47.13	48.00	49.15	45.17	0.61 times
26 Tue Nov 2024	49.85	50.50	52.30	48.42	0.869 times
31 Thu Oct 2024	50.11	51.23	56.49	49.66	1.018 times
30 Mon Sep 2024	51.54	56.22	56.23	49.75	1.012 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal for Occidental Petroleum in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 47.04 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 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.