US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

12 hoursBullish73%
12h Upside probability 73%Bullish

OXY 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $53.19 and reclaim $59.08.

Invalidation Trigger

Lose $53.19 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 53.6, MACD -0.075

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.4 (2.49%)

12h

EMA Structure

Bullish
EMA 8$55.59Bullish
EMA 21$55.56Bullish
EMA 50$55.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 53.6 · MACD -0.075

Neutral zone

Strength
Bullish
Volatility
ATR $1.4 · BB 4.82%

Medium volatility

Strength
Range
Volume
MFI 48.1 · OBV 19.37%

Relative to 20-period average volume

Strength
Range
Price Levels
$53.19 - $59.08

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.93% · 3.2 ATR above latest close

$60.48
Nearest resistance

+5.44% · 2.2 ATR above · 34-bar high

$59.08
Current price

Price shown is delayed

$56.03
Nearest support

-5.06% · 2.0 ATR below · 34-bar low

$53.19
Deeper support zone

-7.55% · 3.0 ATR below latest close

$51.8
ATR zone

Latest close ± ATR14

$54.63 - $57.43

Indicators

Trend

Dow Theory Structure

Confirmation $53.72, invalidation $57.12

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

Trend strength is moderate

13.6 / 20.8 / 19.3Bullish
Supertrend (10,3)

Price is above Supertrend

$51.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.91 / $53.45Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Medium volatility

$1.4 (2.49%)Range
Bollinger Bands (20,2)

Width 4.82%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.39 / $52.75Range
ATR channel lower / upper

Current Volatility Envelope

$54.63 / $57.43Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.08Range
Support

Nearest Downside Decision Level

$53.19Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.6 / 54.4Bullish
Williams %R (14)

Neutral zone

-42.4Range
CCI (20)

Balanced zone

67.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

19.37%Bullish
Volume ratio

Relative to 20-period average volume

1.91xBullish

Trend

Dow Theory Structure

Confirmation $53.72, invalidation $57.12

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

Trend strength is moderate

13.6 / 20.8 / 19.3Bullish
Supertrend (10,3)

Price is above Supertrend

$51.63Bullish
Ichimoku Cloud

Cloud Span A / Span B

$55.91 / $53.45Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

53.6Range
MACD (12,26,9)

Histogram is negative

-0.075Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

57.6 / 54.4Bullish
Williams %R (14)

Neutral zone

-42.4Range
CCI (20)

Balanced zone

67.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$1.4 (2.49%)Range
Bollinger Bands (20,2)

Width 4.82%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$58.39 / $52.75Range
ATR channel lower / upper

Current Volatility Envelope

$54.63 / $57.43Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

19.37%Bullish
Volume ratio

Relative to 20-period average volume

1.91xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$59.08Range
Support

Nearest Downside Decision Level

$53.19Range

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