OCCIDENTAL PETROLEUM CORP (OXY)

US6745991058 - Common Stock

48.12  +0.28 (+0.59%)

After market: 48.2186 +0.1 (+0.2%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to OXY. OXY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, OXY is a bad performer in the overall market: 79% of all stocks are doing better.
OXY is part of the Oil, Gas & Consumable Fuels industry. There are 205 other stocks in this industry, of which 60% are performing better than OXY.
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 has an average volume of 11541000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month OXY has a been trading in the 45.17 - 50.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
OXY Weekly chart
OXY Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, OXY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 48.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for OXY in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

47.64

63.95

We can see 4 important resistance areas.

  • A resistance zone ranging from 48.26 to 50.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 51.58 to 52.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @53.75 from a trend line in the weekly time frame.
  • 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
CRS21.92
Mansfield-2.57
10 Day High48.64
10 Day Low45.17
20 Day High50.97
20 Day Low45.17
52 Week High71.19
52 Week Low45.17
Performance
1 Week3.35%
2 Weeks0.15%
1 Month-4.6%
3 Month-5.7%
6 Month-23.66%
12 Month-19.41%
2 Year-23.61%
3 Year65.99%
5 Year16.77%
10 Year-40.31%
15 Year-40.85%
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)0.06
RSI(14)47.33
LBB45.53
UBB49.43
OXY Daily chart

OCCIDENTAL PETROLEUM CORP

NYSE:OXY (12/24/2024, 7:30:12 PM)

After market: 48.2186 +0.1 (+0.2%)

48.12

+0.28 (+0.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.59%
1 Week3.35%
2 Weeks0.15%
1 Month-4.6%
3 Month-5.7%
6 Month-23.66%
12 Month-19.41%
2 Year-23.61%
3 Year65.99%
5 Year16.77%
10 Year-40.31%
15 Year-40.85%
Volatility
ATR(14)1.21
ATR(20)%2.36%
ATR Inc-3.89%
Range Today1.15
ADR(20)1.08
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.92
Mansfield-2.57
10 Day High48.64
10 Day Low45.17
20 Day High50.97
20 Day Low45.17
52 Week High71.19
52 Week Low45.17
CS1 EndN/A
CR1 Start48.26
Volume & EV
DER(3)3.1%
DER(5)2.36%
Volume5.79M
Volume Incr69.74%
Vol(5)17.35M
Vol(50)11.54M