OCCIDENTAL PETROLEUM-CW27 (OXY.W) Stock Technical Analysis
NYSE:OXY.W - New York Stock Exchange, Inc. - US7310681025 - Currency: USD
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.
When comparing the yearly performance of all stocks, OXY.W is a bad performer in the overall market: 84% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month OXY.W has a been trading in the 19.01 - 24.95 range, which is quite wide. It is currently trading near the high of this range.
OXY.W is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OXY.W is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
OXY.W has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.32
30.59
We found 1 important support area.
- Support @20.53 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @26.73 from a trend line in the daily time frame.
- Resistance @30.29 from a horizontal line in the daily time frame.
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 | 16.25 | NEGATIVE | OXY.W has a low relative strength, it was outperformed by 83.75% 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) | DOWN | MIXED | The current price of OXY.W is above a declining 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) | 68.79 | NEUTRAL | The RSI value for OXY.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests OXY.W has a positive trend. |
| Stochastics (14,3) | 97.66 | OVERBOUGHT | The high Stochastics value suggests OXY.W may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for OXY.W suggests some volalility. |
| Average Directional Index/ADX (14) | 18.09 | NEGATIVE | The low ADX value for OXY.W suggests a weak or negative trend. |
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)
24.89
+1.8 (+7.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg7.8%
1 Week19.78%
2 Weeks28.1%
1 Month11.66%
3 Month-1.23%
6 Month-3.6%
12 Month-34.4%
2 Year-33.31%
3 Year-32.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%4.21%
ATR Inc16.66%
Range Today1.33
ADR(20)0.95
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.25
Mansfield-1.67
10 Day High24.95
10 Day Low19.56
20 Day High24.95
20 Day Low19.01
52 Week High42.85
52 Week Low14.48
CS1 End20.53
CR1 Start26.73
Volume & EV
DER(3)-0.51%
DER(5)0.61%
Volume244.50K
Volume Incr109.34%
Vol(5)110.04K
Vol(50)92.42K