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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 2024-03-04 View latest technical analysis

10 day averaged volume of Occidental Petroleum is 9647800

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	60.68	61.55	61.64	60.54	0.659 times
01 Fri Mar 2024	61.36	60.97	61.60	60.82	0.794 times
29 Thu Feb 2024	60.61	60.44	60.88	60.06	0.785 times
28 Wed Feb 2024	60.26	60.50	61.29	60.23	0.812 times
27 Tue Feb 2024	60.60	60.93	60.99	60.17	0.731 times
26 Mon Feb 2024	60.47	59.70	60.76	59.57	0.882 times
23 Fri Feb 2024	60.02	60.00	60.23	59.45	0.807 times
22 Thu Feb 2024	60.53	60.19	60.87	59.82	0.971 times
21 Wed Feb 2024	60.47	59.57	60.53	59.33	1.069 times
20 Tue Feb 2024	59.56	60.53	60.53	59.15	1.751 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.7 as stoploss in an intra day sell trade for a target of 59.29. However, stock will show a bullish move above 60.7.

Share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Target	55.12
Downside Target	58.41
Upside Target	60.87
Upside Target	60.88
Upside Target	61.05
Upside Target	61.29
Upside Target	61.60
Upside Target	61.64
Upside Target	61.94
Upside Target	63.44

Intraday share price targets for Occidental Petroleum (OXY)

Target Type	Value
Downside Intraday Target	60.27
Downside Intraday Target	59.85
Upside Intraday Target	61.37
Upside Intraday Target	62.05
Upside Intraday Target	60.95

Weekly technical analysis of Occidental Petroleum (OXY)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	60.68	61.55	61.64	60.54	0.165 times
01 Fri Mar 2024	61.36	59.70	61.60	59.57	0.871 times
23 Fri Feb 2024	60.02	60.53	60.87	59.15	0.661 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

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
04 Mon Mar 2024	60.68	60.97	61.64	60.54	0.068 times
29 Thu Feb 2024	60.61	57.91	61.29	56.07	1.017 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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Occidental Petroleum stock for short term is BUY. Signal strength is Strong 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 60.36 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 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.