(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 2024-02-20 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 11030930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 59.56 | 60.53 | 60.53 | 59.15 | 1.532 times |
| 16 Fri Feb 2024 | 60.52 | 60.38 | 60.88 | 60.08 | 1.221 times |
| 15 Thu Feb 2024 | 60.11 | 57.45 | 60.14 | 57.38 | 1.991 times |
| 14 Wed Feb 2024 | 57.30 | 57.80 | 58.33 | 57.06 | 1.135 times |
| 13 Tue Feb 2024 | 57.61 | 57.97 | 58.16 | 57.03 | 0.936 times |
| 12 Mon Feb 2024 | 58.03 | 57.53 | 58.50 | 57.50 | 0.805 times |
| 09 Fri Feb 2024 | 57.47 | 58.21 | 58.35 | 57.24 | 0.736 times |
| 08 Thu Feb 2024 | 58.05 | 57.77 | 58.30 | 57.56 | 0.699 times |
| 07 Wed Feb 2024 | 57.62 | 57.61 | 58.02 | 57.07 | 0.729 times |
| 06 Tue Feb 2024 | 57.57 | 57.39 | 58.41 | 57.15 | 0.824 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59, but if it comes below 59, then a intra day sell could be more profitable.
If you take a sell trade below 59, then use 59 as stoploss and 58.02 as target. However if you take a buy trade in stock , then use 59 as stoploss and 60.2 as target.
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.12 |
| Downside Target | 58.41 |
| Downside Target | 59.10 |
| Downside Target | 59.15 |
| Upside Target | 60.53 |
| Upside Target | 60.88 |
| Upside Target | 61.05 |
| Upside Target | 61.94 |
| Upside Target | 63.44 |
| Upside Target | 66.95 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 58.96 |
| Downside Intraday Target | 58.37 |
| Upside Intraday Target | 60.34 |
| Upside Intraday Target | 61.13 |
| Upside Intraday Target | 59.75 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 59.56 | 60.53 | 60.53 | 59.15 | 0.252 times |
| 16 Fri Feb 2024 | 60.52 | 57.53 | 60.88 | 57.03 | 1.556 times |
| 09 Fri Feb 2024 | 57.47 | 56.82 | 58.41 | 56.07 | 0.978 times |
| 02 Fri Feb 2024 | 57.04 | 58.35 | 58.99 | 56.73 | 1.14 times |
| 26 Fri Jan 2024 | 58.40 | 56.42 | 58.43 | 55.94 | 0.863 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 |
| 20 Tue Feb 2024 | 59.56 | 57.91 | 60.88 | 56.07 | 0.728 times |
| 31 Wed Jan 2024 | 57.57 | 60.18 | 61.05 | 55.53 | 0.843 times |
| 29 Fri Dec 2023 | 59.71 | 59.10 | 61.94 | 55.12 | 1.362 times |
| 30 Thu Nov 2023 | 59.15 | 62.15 | 63.44 | 59.01 | 0.8 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 neutral. A longer time frame might give a better analysis.
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 and the buy 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 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 coming down
CCI has generated a SELL signal for Occidental Petroleum in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 58.71 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 positive
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 neutral. A longer time frame might give a better analysis.
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 and the buy 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 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 coming down
CCI has generated a SELL signal for Occidental Petroleum in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 58.71 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.