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Occidental Petroleum Corporation

OXY•NYSE
Energy
Oil & Gas Exploration & Production
$62.65
$0.42(0.67%)
U.S. Market is Open • 12:20

Occidental Petroleum Corporation (OXY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Occidental Petroleum Corporation (NYSE:OXY).

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 Technical Analysis Summary

Occidental Petroleum Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 64.85)
Trend Strength:Very Strong (ADX: 42.63)
Volatility:Medium (ATR: 2.40)
Support/Resistance:$52.41 – $67.33 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 64.85

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.49

Bullish
Buying momentum building without extremes.

Williams %R: -41.71

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 8.79

Strongly Bullish
Strong upside momentum.

Takeaway:Occidental Petroleum Corporation shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 3.37

Bullish
Bullish, trend momentum is strengthening.

ADX: 42.63

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.40

Medium
Medium volatility, healthy price movement.

CCI (14): 58.24

Bullish
Bullish, momentum building upward.

Takeaway:Occidental Petroleum Corporation shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$67.33
Middle Band (SMA 20)
$59.87
Lower Band
$52.41
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$64.93
Middle Line (EMA 20)
$60.13
Lower Channel
$55.33
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 Volume271.74M
Money Flow Index65.54Bullish, inflows support continued momentum.
Relative Vigor Index64.72Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Occidental Petroleum Corporation, 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

MACD below signal line → short-term caution on momentum.

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

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