US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 dayBearish91%
Daily Downside probability 91%Bearish

OXY 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $53.87 and stabilize above resistance $61.2.

Invalidation Trigger

Break above $61.2 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 30.1, MACD -0.525

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.68 (3.37%)

Daily

EMA Structure

Bearish
EMA 8$51.56Bearish
EMA 21$53.87Bearish
EMA 50$55.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.1 · MACD -0.525

Momentum is weak

Strength
Bearish
Volatility
ATR $1.68 · BB 22.99%

Medium volatility

Strength
Range
Volume
MFI 28.8 · OBV -14.13%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$49.85 - $61.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+25.82% · 7.7 ATR above latest close

$62.88
Nearest resistance

+22.45% · 6.7 ATR above · 34-bar high

$61.2
Current price

Price shown is delayed

$49.98
Nearest support

-0.26% · 0.1 ATR below · 34-bar low

$49.85
Deeper support zone

-3.63% · 1.1 ATR below latest close

$48.17
ATR zone

Latest close ± ATR14

$48.3 - $51.66

Indicators

Trend

Dow Theory Structure

Confirmation $51.19, invalidation $52.58

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.8 / 7.8 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$46.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.67 / $55.53Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

Medium volatility

$1.68 (3.37%)Range
Bollinger Bands (20,2)

Width 22.99%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.65 / $50.84Range
ATR channel lower / upper

Current Volatility Envelope

$48.3 / $51.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.2Range
Support

Nearest Downside Decision Level

$49.85Range

Momentum

RSI (14)

Momentum is weak

30.1Bearish
MACD (12,26,9)

Histogram is negative

-0.525Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.5 / 4.3Bearish
Williams %R (14)

Oversold zone

-98.5Bullish
CCI (20)

Weak expansion

-106.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

28.8Bearish
OBV slope

20-period OBV slope

-14.13%Bearish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Trend

Dow Theory Structure

Confirmation $51.19, invalidation $52.58

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

42.8 / 7.8 / 40.9Bearish
Supertrend (10,3)

Price is above Supertrend

$46.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.67 / $55.53Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

30.1Bearish
MACD (12,26,9)

Histogram is negative

-0.525Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.5 / 4.3Bearish
Williams %R (14)

Oversold zone

-98.5Bullish
CCI (20)

Weak expansion

-106.3Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

Medium volatility

$1.68 (3.37%)Range
Bollinger Bands (20,2)

Width 22.99%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$56.65 / $50.84Range
ATR channel lower / upper

Current Volatility Envelope

$48.3 / $51.66Range

Volume / Money Flow

MFI (14)

Money flow is weak

28.8Bearish
OBV slope

20-period OBV slope

-14.13%Bearish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$61.2Range
Support

Nearest Downside Decision Level

$49.85Range

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