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Occidental Petroleum Corporation

OXY•NYSE
Energy
Oil & Gas Exploration & Production
$60.70
$1.00(1.68%)
U.S. Market opens in 14h 6m

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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 59.21)
Trend Strength:Weak (ADX: 16.04)
Volatility:Medium (ATR: 1.94)
Support/Resistance:$53.20 – $62.20 (Bollinger Bands)

Overall, Occidental Petroleum Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.21

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 89.46

Bearish
Overbought levels may trigger pullback.

Williams %R: -2.64

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -0.05

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.04

Weak
Weak trend, market trading sideways.

ATR (14): 1.94

Low
Low volatility, stable price action.

CCI (14): 92.31

Bullish
Bullish, momentum building upward.

Takeaway:Occidental Petroleum Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$62.20
Middle Band (SMA 20)
$57.70
Lower Band
$53.20
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$61.69
Middle Line (EMA 20)
$57.80
Lower Channel
$53.91
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 Volume168.07M
Money Flow Index58.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index69.76Bullish, 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.

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.

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