US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 hourBullish82%
1h Upside probability 82%Bullish

OXY 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $57.83 and reclaim $60.29.

Invalidation Trigger

Lose $57.83 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 71.1, MACD 0.091

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3738 (0.62%)

1h

EMA Structure

Bullish
EMA 8$59.87Bullish
EMA 21$59.36Bullish
EMA 50$58.77Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.1 · MACD 0.091

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3738 · BB 5.30%

Low volatility

Strength
Bullish
Volume
MFI 23.2 · OBV -18.26%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$57.83 - $60.29

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+0.85% · 1.4 ATR above latest close

$60.66
Nearest resistance

+0.23% · 0.4 ATR above · 34-bar high

$60.29
Current price

Price shown is delayed

$60.15
Nearest support

-3.87% · 6.2 ATR below · 34-bar low

$57.83
Deeper support zone

-4.49% · 7.2 ATR below latest close

$57.45
ATR zone

Latest close ± ATR14

$59.78 - $60.52

Indicators

Trend

Dow Theory Structure

Confirmation $60.06, invalidation $59.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.8 / 42.1 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$59.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.41 / $58.86Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Volatility

ATR (14)

Low volatility

$0.3738 (0.62%)Bullish
Bollinger Bands (20,2)

Width 5.30%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.06 / $58.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.78 / $60.52Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.29Range
Support

Nearest Downside Decision Level

$57.83Range

Momentum

RSI (14)

Momentum is strong

71.1Bullish
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.7 / 95.1Bearish
Williams %R (14)

Overbought zone

-6.3Bearish
CCI (20)

Balanced zone

96.5Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.2Bearish
OBV slope

20-period OBV slope

-18.26%Bearish
Volume ratio

Relative to 20-period average volume

6.78xBullish

Trend

Dow Theory Structure

Confirmation $60.06, invalidation $59.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

39.8 / 42.1 / 17.0Bullish
Supertrend (10,3)

Price is above Supertrend

$59.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.41 / $58.86Bullish
Donchian Channel (20)

20-period breakout channel position

94%Bullish

Momentum

RSI (14)

Momentum is strong

71.1Bullish
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.7 / 95.1Bearish
Williams %R (14)

Overbought zone

-6.3Bearish
CCI (20)

Balanced zone

96.5Range
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$0.3738 (0.62%)Bullish
Bollinger Bands (20,2)

Width 5.30%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$60.06 / $58.72Bullish
ATR channel lower / upper

Current Volatility Envelope

$59.78 / $60.52Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.2Bearish
OBV slope

20-period OBV slope

-18.26%Bearish
Volume ratio

Relative to 20-period average volume

6.78xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$60.29Range
Support

Nearest Downside Decision Level

$57.83Range

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