US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 hourBearish66%
1h Downside probability 66%Bearish

OXY 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $59.66 and stabilize above resistance $63.6.

Invalidation Trigger

Break above $63.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 40.3, MACD 0.132

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3778 (0.64%)

1h

EMA Structure

Bearish
EMA 8$59.19Bullish
EMA 21$59.66Bearish
EMA 50$60.58Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.3 · MACD 0.132

Momentum is weak

Strength
Range
Volatility
ATR $0.3778 · BB 3.04%

Low volatility

Strength
Bullish
Volume
MFI 76.7 · OBV 40.90%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$58.34 - $63.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+7.86% · 12.3 ATR above latest close

$63.98
Nearest resistance

+7.22% · 11.3 ATR above · 34-bar high

$63.6
Current price

Price shown is delayed

$59.32
Nearest support

-1.65% · 2.6 ATR below · 34-bar low

$58.34
Deeper support zone

-2.28% · 3.6 ATR below latest close

$57.96
ATR zone

Latest close ± ATR14

$58.94 - $59.69

Indicators

Trend

Dow Theory Structure

Confirmation $58.34, invalidation $59.47

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

Trend strength is active

60.5 / 15.1 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$58.14Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.89 / $61.06Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bearish

Volatility

ATR (14)

Low volatility

$0.3778 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.04%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60.39 / $58.83Bullish
ATR channel lower / upper

Current Volatility Envelope

$58.94 / $59.69Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.6Range
Support

Nearest Downside Decision Level

$58.34Range

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is positive

0.132Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.2 / 60.5Bullish
Williams %R (14)

Neutral zone

-37.8Range
CCI (20)

Balanced zone

-8.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

76.7Bullish
OBV slope

20-period OBV slope

40.90%Bullish
Volume ratio

Relative to 20-period average volume

4.31xBullish

Trend

Dow Theory Structure

Confirmation $58.34, invalidation $59.47

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

Trend strength is active

60.5 / 15.1 / 25.6Bearish
Supertrend (10,3)

Price is above Supertrend

$58.14Bullish
Ichimoku Cloud

Cloud Span A / Span B

$59.89 / $61.06Bearish
Donchian Channel (20)

20-period breakout channel position

44%Bearish

Momentum

RSI (14)

Momentum is weak

40.3Bearish
MACD (12,26,9)

Histogram is positive

0.132Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.2 / 60.5Bullish
Williams %R (14)

Neutral zone

-37.8Range
CCI (20)

Balanced zone

-8.5Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.3778 (0.64%)Bullish
Bollinger Bands (20,2)

Width 3.04%

50%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$60.39 / $58.83Bullish
ATR channel lower / upper

Current Volatility Envelope

$58.94 / $59.69Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

76.7Bullish
OBV slope

20-period OBV slope

40.90%Bullish
Volume ratio

Relative to 20-period average volume

4.31xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.6Range
Support

Nearest Downside Decision Level

$58.34Range

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