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Occidental Petroleum Corporation

OXY-WT Technical Analysis Summary (NYSE)

Analyze OXY-WT on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OXY-WTNYSE
EnergyOil & Gas Exploration & Production
$35.27
$0.38(1.07%)
U.S. Market opens in 28h 18m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

OXY-WT Technical Analysis Summary (NYSE)

Occidental Petroleum Corporation (NYSE: OXY-WT) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.99)
Trend Strength:Moderate (ADX: 27.43)
Volatility:High (ATR: 2.59)
Support/Resistance:$24.88 – $37.16 (Bollinger Bands)

Technical conditions suggest Occidental Petroleum Corporation on the NYSE is awaiting a decisive move. Technical conditions suggest Occidental Petroleum Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 61.99

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.65

Bearish
Overbought levels may trigger pullback.

Williams %R: -9.96

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 30.30

Strongly Bullish
Strong upside momentum.

Takeaway:Occidental Petroleum Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.85

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.43

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.59

Medium
Medium volatility, healthy price movement.

CCI (14): -101.47

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Occidental Petroleum Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$37.16
Middle Band (SMA 20)
$31.02
Lower Band
$24.88
Current Position
Within Bands

Takeaway:Occidental Petroleum Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$37.78
Middle Line (EMA 20)
$32.59
Lower Channel
$27.40
Squeeze Status
No Squeeze

Takeaway:Occidental Petroleum Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-29.86K
Money Flow Index80.81Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index55.71Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:OXY-WT shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Occidental Petroleum Corporation (NYSE: OXY-WT), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Occidental Petroleum Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NYSE: OXY-WT) Technical Analysis FAQ