Logo image of 1OXY.MI

OCCIDENTAL PETROLEUM CORP (1OXY.MI) Stock Technical Analysis

BIT:1OXY - Euronext Milan - US6745991058 - Common Stock - Currency: EUR

39.21  -0.73 (-1.84%)

Technical Rating and Analysis

2

Taking everything into account, 1OXY scores 2 out of 10 in our technical rating. In the last year, 1OXY was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, 1OXY is a bad performer in the overall market: 100% of all stocks are doing better.
1OXY is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 90% of 62 stocks in the same industry do better.
Warning: 1OXY has an average volume of 553 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month 1OXY has a been trading in the 32.99 - 49.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
OCCIDENTAL PETROLEUM CORP / 1OXY Weekly stock chart
OCCIDENTAL PETROLEUM CORP / 1OXY Daily stock chart
Setup Rating and Analysis

3

The technical rating of 1OXY is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

38.82

44.28

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 39.95 to 39.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @43.84 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for 1OXY.MI is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for 1OXY.MI is neutral.
ChartMill Relative Strength0NEGATIVE1OXY.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of 1OXY.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of 1OXY.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)43.79NEUTRALThe RSI value for 1OXY.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.12POSITIVEThe MACD value suggests 1OXY.MI has a positive trend.
Stochastics (14,3)48.77NEUTRALThe Stochastics value for 1OXY.MI is a neutral value.
Average True Range in percent/ATR (20)5.66HIGH VOLATILITYThe high ATR as a percentage value for 1OXY.MI suggests high volalility.
Average Directional Index/ADX (14)35.9POSITIVEThe high ADX value value for 1OXY.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
OCCIDENTAL PETROLEUM CORP / 1OXY Daily stock chart

OCCIDENTAL PETROLEUM CORP

BIT:1OXY (6/23/2025, 7:00:00 PM)

39.21

-0.73 (-1.84%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.84%
1 Week7.12%
2 Weeks11.71%
1 Month-19.37%
3 Month-14.48%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.3
ATR(20)%5.66%
ATR Inc-55.86%
Range Today2.1
ADR(20)1.16
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High41.85
10 Day Low32.99
20 Day High49.93
20 Day Low32.99
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start39.95
Volume & EV
DER(3)0%
DER(5)0%
Volume4.14K
Volume Incr157.76%
Vol(5)1.46K
Vol(50)553.3