OCCIDENTAL PETROLEUM CORP (OXY)

US6745991058 - Common Stock

47.54  -0.94 (-1.94%)

After market: 47.63 +0.09 (+0.19%)

Technical Rating and Analysis

0

Taking everything into account, OXY scores 0 out of 10 in our technical rating. OXY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, OXY is a bad performer in the overall market: 84% 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 67% are performing better than OXY.
OXY is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month OXY has a been trading in the 47.20 - 52.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
OXY has an average volume of 11875900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
OXY Weekly chart
OXY Daily chart
Setup Rating and Analysis

1

The technical rating of OXY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

47.06

63.95

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 49.89 to 52.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @54.97 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
CRS16.11
Mansfield-2.92
10 Day High52.13
10 Day Low47.2
20 Day High52.3
20 Day Low47.2
52 Week High71.19
52 Week Low47.2
Performance
1 Week-6.01%
2 Weeks-7.76%
1 Month-7.17%
3 Month-8.63%
6 Month-20.07%
12 Month-15.81%
2 Year-24.53%
3 Year63.99%
5 Year15.36%
10 Year-41.02%
15 Year-41.56%
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)-0.24
RSI(14)31.68
LBB47.92
UBB52.46
OXY Daily chart

OCCIDENTAL PETROLEUM CORP

NYSE:OXY (12/6/2024, 8:06:11 PM)

After market: 47.63 +0.09 (+0.19%)

47.54

-0.94 (-1.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.94%
1 Week-6.01%
2 Weeks-7.76%
1 Month-7.17%
3 Month-8.63%
6 Month-20.07%
12 Month-15.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1
ATR(20)%2.51%
ATR Inc
Range Today1.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High52.13
10 Day Low47.2
20 Day High52.3
20 Day Low47.2
52 Week High71.19
52 Week Low47.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.58M
Volume Incr-4.36%
Vol(5)11.12M
Vol(50)11.88M