OXY NEWS why is Occidental Petroleum Corporation price falling or rising

OXY NEWS reasons for why stock price of Occidental Petroleum Corporation is falling or rising

OXY Occidental Petroleum is falling or rising technical reasons

Technical analysis forecast for Occidental Petroleum Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Occidental Petroleum OXY at this time. Stock is falling and might fall more.

It appears as if Occidental Petroleum OXY gave a large move recently.

Stock of Occidental Petroleum (OXY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Occidental Petroleum is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.5 as stoploss in an intra day buy trade for a target of 48.41. However, stock will show a bearish move below 46.5.

OXY Occidental Petroleum is falling or rising NEWS fundamental reasons

More announcements and NEWS

OXY Occidental Petroleum Corporation current price & indicator signals

Moving Averages for Occidental Petroleum Corporation

  • 5Day Average: 46.33
  • 12Day Average: 47.7
  • 20Day Average: 48.97
  • 50Day Average: 50.77
  • 100Day Average: 52.95
  • 150Day Average: 55.85
  • 200Day Average: 58.19

OXY Indicators & signals

Indicator MACD (12,26,9)

47.59, 48.88, -1.02
Indicator MACD is in negative zone

Indicator ADX (14)

23.81, 19.35, 31.45
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of OXY Occidental Petroleum Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Fri Dec 2024 47.13 45.65 to 48.00 3.9% 2.29 times
19 Thu Dec 2024 45.36 45.17 to 46.66 -1.43% 1.45 times
18 Wed Dec 2024 46.02 45.81 to 47.19 -1.16% 1.28 times
17 Tue Dec 2024 46.56 45.79 to 46.57 -0.09% 1.33 times
16 Mon Dec 2024 46.60 46.41 to 47.52 -2.18% 1.09 times
13 Fri Dec 2024 47.64 47.43 to 48.13 -1.14% 0.82 times
12 Thu Dec 2024 48.19 47.90 to 48.52 -0.58% 0.6 times
11 Wed Dec 2024 48.47 47.94 to 48.64 0.87% 0.73 times
10 Tue Dec 2024 48.05 47.58 to 48.86 -1.38% 0.78 times
09 Mon Dec 2024 48.72 47.87 to 49.15 -2.27% 0.95 times
26 Tue Nov 2024 49.85 49.51 to 50.35 0% 0.97 times
26 Tue Nov 2024 49.85 49.51 to 50.35 -1.17% 0.97 times

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