OXY Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Occidental Petroleum Corp (OXY) Moving Averages Convergence Divergence (MACD) indicator is -0.0444, suggesting OXY is Strong Sell.

Occidental Petroleum Corp (OXY) 20-Day simple moving average is 57.483, while Occidental Petroleum Corp (OXY) share price is $56.63, making it Sell.

Occidental Petroleum Corp (OXY) 60-Day simple moving average is 58.374, while Occidental Petroleum Corp (OXY) share price is $56.63, making it Sell.

Technical Analysis for OXY

Technical Sentiment Analysis for Occidental Petroleum Corp (OXY) As of 2026-05-29, Occidental Petroleum Corp (OXY) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for OXY stands at 45.883, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0444, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 45.352 and the Commodity Channel Index (CCI) at -34.493 further confirm a -0.21 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, OXY is trading above its 60-day moving average of $58.374 and above its 200-day long-term moving average of $48.426. Key price levels to watch include the immediate resistance at $61.249 and strong support at $55.709. A break above $61.249 could signal a bull continuation, while falling below $55.709 may test the next Fibonacci floor at $52.934.

Occidental Petroleum Corp (OXY) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	50.169	52.934	55.709	58.474	61.249	64.014	66.789
Fibonacci	52.934	55.051	56.358	58.474	60.591	61.898	64.014

Occidental Petroleum Corp (OXY) Technical Indicators

2026-05-29

Name	Value
RSI_14	45.883
STOCHk_14_3_3	45.352
STOCHd_14_3_3	51.351
CCI_20	-34.493
AO_5_34	0.339
MOM_10	-0.21
MACD_12_26_9	-0.0444

Occidental Petroleum Corp (OXY) Relative Strength Index (RSI) is 45.883, creating a Neutral signal.

Occidental Petroleum Corp (OXY) Stochastic Oscillator is 45.352, creating a Neutral signal.

Occidental Petroleum Corp (OXY) Stochastic RSI is 51.351, creating a Neutral signal.

Occidental Petroleum Corp (OXY) Commodity Channel Index (CCI) is -34.493, creating a Neutral signal.

Occidental Petroleum Corp (OXY) Awesome Oscillator is 0.339, creating a Buy signal.

Occidental Petroleum Corp (OXY) Momentum is -0.21, creating a Sell signal.

Occidental Petroleum Corp (OXY) MACD is -0.0444, creating a Sell signal.

Occidental Petroleum Corp (OXY) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	57.422	Sell
MA_10	58.483	Sell
MA_20	57.483	Sell
MA_60	58.374	Sell
MA_200	48.426	Buy
MA_250	47.52	Buy

Occidental Petroleum Corp (OXY) 5-Day simple moving average is 57.422, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Sell.

Occidental Petroleum Corp (OXY) 10-Day simple moving average is 58.483, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Sell.

Occidental Petroleum Corp (OXY) 20-Day simple moving average is 57.483, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Sell.

Occidental Petroleum Corp (OXY) 60-Day simple moving average is 58.374, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Sell.

Occidental Petroleum Corp (OXY) 200-Day simple moving average is 48.426, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Buy.

Occidental Petroleum Corp (OXY) 250-Day simple moving average is 47.52, while Occidental Petroleum Corp (OXY) share price is $56.63, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for OXY?

The overall technical consensus for Occidental Petroleum Corp (OXY) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 sell signals.

What are the key support and resistance levels for Occidental Petroleum Corp (OXY) today?

Based on pivot point calculations, Occidental Petroleum Corp (OXY) has an immediate support level at 55.709 and a major resistance level at 61.249. Traders also monitor the pivot point at 58.474 to determine the intraday trend direction.

Is Occidental Petroleum Corp (OXY) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Occidental Petroleum Corp (OXY) is currently 45.883. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Occidental Petroleum Corp (OXY)?

Occidental Petroleum Corp (OXY) Moving Averages Convergence Divergence (MACD) indicator is -0.0444, suggesting OXY is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Occidental Petroleum Corp.

How is Occidental Petroleum Corp (OXY) performing relative to its 200-day moving average?

Occidental Petroleum Corp (OXY) is currently trading at $56.63, which is above its 200-day simple moving average of 48.426. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.