(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 2024-08-29 View latest technical analysis
10 day averaged volume of Occidental Petroleum is 10626120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 57.21 | 57.00 | 57.57 | 56.41 | 0.89 times |
| 28 Wed Aug 2024 | 56.78 | 56.54 | 56.92 | 56.24 | 0.686 times |
| 27 Tue Aug 2024 | 56.84 | 57.34 | 57.46 | 56.54 | 0.794 times |
| 26 Mon Aug 2024 | 57.37 | 58.14 | 58.47 | 57.23 | 1.063 times |
| 23 Fri Aug 2024 | 57.24 | 56.68 | 57.26 | 56.39 | 1.14 times |
| 22 Thu Aug 2024 | 56.10 | 56.06 | 56.51 | 55.91 | 0.817 times |
| 21 Wed Aug 2024 | 56.02 | 56.58 | 56.72 | 55.75 | 1.29 times |
| 20 Tue Aug 2024 | 56.17 | 57.36 | 57.37 | 56.15 | 1.361 times |
| 19 Mon Aug 2024 | 57.39 | 57.91 | 58.20 | 57.31 | 1.04 times |
| 16 Fri Aug 2024 | 57.61 | 57.42 | 57.85 | 57.26 | 0.839 times |
My analysis of stock is bullish for shortterm, and stock might move up till 58 or till 59. Use a stoploss of 57.15 and if this stock hits its stoploss, then it can fall down till 56.29
Share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Target | 55.04 |
| Upside Target | 58.20 |
| Upside Target | 59.58 |
| Upside Target | 60.76 |
| Upside Target | 60.98 |
| Upside Target | 61.35 |
| Upside Target | 63.65 |
| Upside Target | 64.57 |
| Upside Target | 64.76 |
| Upside Target | 65.99 |
| Upside Target | 71.19 |
Intraday share price targets for Occidental Petroleum (OXY)
| Target Type | Value |
| Downside Intraday Target | 56.14 |
| Downside Intraday Target | 55.08 |
| Upside Intraday Target | 58.37 |
| Upside Intraday Target | 59.54 |
| Upside Intraday Target | 57.31 |
Weekly technical analysis of Occidental Petroleum (OXY)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 57.21 | 58.14 | 58.47 | 56.24 | 0.608 times |
| 23 Fri Aug 2024 | 57.24 | 57.91 | 58.20 | 55.75 | 0.902 times |
| 16 Fri Aug 2024 | 57.61 | 58.85 | 59.11 | 56.64 | 1.239 times |
| 09 Fri Aug 2024 | 58.41 | 55.50 | 59.31 | 55.04 | 1.231 times |
| 02 Fri Aug 2024 | 57.67 | 60.69 | 61.35 | 56.45 | 1.237 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 |
| 29 Thu Aug 2024 | 57.21 | 60.86 | 60.98 | 55.04 | 1.667 times |
| 31 Wed Jul 2024 | 60.82 | 63.26 | 64.76 | 59.58 | 0.88 times |
| 28 Fri Jun 2024 | 63.03 | 62.22 | 63.65 | 59.00 | 1.214 times |
| 31 Fri May 2024 | 62.50 | 65.68 | 65.99 | 60.76 | 0.77 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and BUY signal is strong.
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 56.84 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.
Price action analysis of Occidental Petroleum ( (OXY) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and BUY signal is strong.
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 56.84 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.