OCCIDENTAL PETROLEUM CORP (OXY)

US6745991058 - Common Stock

51.9101  +0.37 (+0.72%)

Technical Rating and Analysis

2

Overall OXY gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. OXY was also a bad performer in the overall market in the last year.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, OXY is a bad performer in the overall market: 82% of all stocks are doing better.
OXY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 67% of 204 stocks in the same industry do better.
OXY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
OXY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
OXY has an average volume of 12239600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
OXY Weekly chart
OXY Daily chart
Setup Rating and Analysis

8

OXY has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 51.77. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.30, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

49.06

63.95

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 50.65 to 51.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 49.56 to 49.57. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 52.10 to 53.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 55.77 to 55.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @63.32 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.31
Mansfield-2.26
10 Day High52.3
10 Day Low48.42
20 Day High52.3
20 Day Low48.42
52 Week High71.19
52 Week Low48.42
Performance
1 Week1.72%
2 Weeks0.64%
1 Month0.37%
3 Month-9.96%
6 Month-16.8%
12 Month-14.33%
2 Year-25.83%
3 Year73.83%
5 Year33.63%
10 Year-35.39%
15 Year-36.2%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.17
RSI(14)52.38
LBB49.92
UBB51.62
OXY Daily chart

OCCIDENTAL PETROLEUM CORP

NYSE:OXY (11/22/2024, 2:57:09 PM)

51.9101

+0.37 (+0.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.72%
1 Week1.72%
2 Weeks0.64%
1 Month0.37%
3 Month-9.96%
6 Month-16.8%
12 Month-14.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.24
ATR(20)%2.2%
ATR Inc
Range Today0.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.3
10 Day Low48.42
20 Day High52.3
20 Day Low48.42
52 Week High71.19
52 Week Low48.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.63M
Volume Incr-10.73%
Vol(5)10.16M
Vol(50)12.24M