OXY Stock Price Prediction

Occidental Petroleum Corp

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42.160

+0.720(+1.740%)

Overview
Forecast
Valuation

Should I Buy Occidental Petroleum Corp Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. OXY has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.

OXY stock price ended at $42.16 on Friday, after rising 1.74%

The Occidental Petroleum Corp stock price increased by 1.74% on the last trading day (09 May 2025), rising from 41.97 to 42.16. Throughout the last trading session, the stock experienced a fluctuation of 2.16% , ranging from a day low of $41.44 to a day high of 42.335. The price has declined in 4 of the last 10 days, resulting in a total change of 4.46% during this period. On the last day, trading volume decrease by -10.87M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 11.65M shares were traded, amounting to approximately 489.98M.

OXY Technical Signals

OXY(Occidental Petroleum Corp Corp) has 2 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-04-30. The total price change during this trend is +6.98%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of OXY over the last 5 trading days is 576.51M. Overall, the technical indicator signals lean more toward a outlook in the mid-term.

OXY Moving Average Analysis

Occidental Petroleum Corp's overall moving average trend leans more bullish as of Monday, May 12, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $42.76256479999999, and $44.18879999999999. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $38.1478352, and $36.7216. A break-down below any of these levels will issue sell signals.

OXY Short Selling Analysis

Technical Signal

Technical Signals Summary

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

2 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 > 0

1.8

Bullish

Closing price

close > fibonacci_R1

42.16

Bullish

4 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

179.044

Bearish

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.735

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.697

Bearish

Williams %R (14 days)

WILLR_14 > -20

-7.73

Bearish

OXY Price Prediction & Forecast by Similar Chart Analysis

OXY Seasonality Analysis

Based on OXY's historical stock price data across all years, the probability of a positive return in May is36.36%, suggesting it maynotbe an ideal month to invest in OXY. In contrast,Juneoffers the highest probability of positive returns at70.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Occidental Petroleum Corp (OXY.N) stock in June has the highest probability of a positive return (70.00%), while August has the lowest probability (30.00%).

Performance Seasonality

The chart shows Occidental Petroleum Corp. (OXY)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.