OCCIDENTAL PETROLEUM-CW27 (OXY.W) Stock Technical Analysis
NYSE:OXY.W - US7310681025
Taking everything into account, OXY.W scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. OXY.W was also a bad performer in the overall market in the last year.
OXY.W has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.63, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.30
4 important support areas can be observed.
- A support zone ranging from 22.32 to 22.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.63 from a horizontal line in the weekly time frame.
- Support @21.25 from a trend line in the daily time frame.
- A support zone ranging from 20.51 to 20.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.89 to 24.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for OXY.W is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for OXY.W is up. |
| ChartMill Relative Strength | 17.77 | NEGATIVE | OXY.W has a low relative strength, it was outperformed by 82.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of OXY.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of OXY.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of OXY.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.79 | NEUTRAL | The RSI value for OXY.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests OXY.W has a positive trend. |
| Stochastics (14,3) | 76.91 | NEUTRAL | The Stochastics value for OXY.W is a neutral value. |
| Average True Range in percent/ATR (20) | 4.83 | MEDIUM VOLATILITY | The ATR as a percentage value for OXY.W suggests some volalility. |
| Average Directional Index/ADX (14) | 11.47 | NEGATIVE | The low ADX value for OXY.W suggests a weak or negative trend. |
NYSE:OXY.W (8/22/2025, 8:04:00 PM)
23.79
+1.2 (+5.31%)