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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-WT●NYSE
EnergyOil & Gas Exploration & Production
$40.92
$0.06(0.15%)
U.S. Market opens in 2h 34m

Disclaimer for Technical Analysis Page

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: 60.00)
Trend Strength:Moderate (ADX: 21.12)
Volatility:Medium (ATR: 1.44)
Support/Resistance:$35.60 – $43.26 (Bollinger Bands)

Technical conditions suggest Occidental Petroleum Corporation on the NYSE is awaiting a decisive move. This mix signals that Occidental Petroleum Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 60.00

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.10

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.27

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 7.78

Strongly Bullish
Strong upside momentum.

Takeaway:Occidental Petroleum Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.18

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.12

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.44

Low
Low volatility, stable price action.

CCI (14): 31.85

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$43.26
Middle Band (SMA 20)
$39.43
Lower Band
$35.60
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$42.59
Middle Line (EMA 20)
$39.71
Lower Channel
$36.83
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 Volume592.43K
Money Flow Index60.04Bullish, inflows support continued momentum.
Relative Vigor Index55.98Neutral 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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Occidental Petroleum Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: OXY-WT) Technical Analysis FAQ