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OCCIDENTAL PETROLEUM CORP (OPC.DE) Stock Technical Analysis

FRA:OPC - Deutsche Boerse Ag - US6745991058 - Common Stock - Currency: EUR

37.25  +0.07 (+0.19%)

Technical Rating and Analysis

2

Overall OPC gets a technical rating of 2 out of 10. In the past year, OPC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

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, OPC is a bad performer in the overall market: 92% of all stocks are doing better.
OPC is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 76% of 61 stocks in the same industry do better.
OPC 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.
Warning: OPC has an average volume of 6086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month OPC has a been trading in the 35.94 - 39.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
OCCIDENTAL PETROLEUM CORP / OPC Weekly stock chart
OCCIDENTAL PETROLEUM CORP / OPC Daily stock chart
Setup Rating and Analysis

3

The technical rating of OPC 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

35.56

42.70

2 important support areas can be observed.

  • Support @36.79 from a trend line in the daily time frame.
  • Support @35.92 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 37.73 to 38.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @38.73 from a trend line in the daily time frame.
  • A resistance zone ranging from 39.40 to 39.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 40.35 to 40.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @42.28 from a trend line in the weekly 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 IndicatorDOWNNEGATIVEThe long term trend for OPC.DE is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for OPC.DE is neutral.
ChartMill Relative Strength8.26NEGATIVEOPC.DE has a low relative strength, it was outperformed by 91.74% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of OPC.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of OPC.DE is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OPC.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)45.87NEUTRALThe RSI value for OPC.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests OPC.DE has a negative trend.
Stochastics (14,3)46.84NEUTRALThe Stochastics value for OPC.DE is a neutral value.
Average True Range in percent/ATR (20)2.56MEDIUM VOLATILITYThe ATR as a percentage value for OPC.DE suggests some volalility.
Average Directional Index/ADX (14)11.23NEGATIVEThe low ADX value for OPC.DE suggests a weak or negative 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 / OPC Daily stock chart

OCCIDENTAL PETROLEUM CORP

FRA:OPC (8/4/2025, 7:00:00 PM)

37.25

+0.07 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.19%
1 Week-4.95%
2 Weeks0.55%
1 Month0.78%
3 Month0.01%
6 Month-17.83%
12 Month-30.1%
2 Year-35.5%
3 Year-47.7%
5 Year248.98%
10 Year-47.54%
15 Year-41.93%
Volatility
ATR(14)0.88
ATR(20)%2.56%
ATR Inc51.34%
Range Today0.97
ADR(20)0.85
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.26
Mansfield-2.11
10 Day High39.51
10 Day Low36.69
20 Day High39.73
20 Day Low35.94
52 Week High54.05
52 Week Low31.5
CS1 End36.79
CR1 Start37.73
Volume & EV
DER(3)0%
DER(5)0%
Volume1.61K
Volume Incr-34.04%
Vol(5)2.70K
Vol(50)6.09K