US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 hourBearish88%
1h Downside probability 88%Bearish

OXY 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $50.88 and stabilize above resistance $52.58.

Invalidation Trigger

Break above $52.58 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 31.4, MACD -0.066

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3746 (0.75%)

1h

EMA Structure

Bearish
EMA 8$50.39Bearish
EMA 21$50.88Bearish
EMA 50$51.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.4 · MACD -0.066

Momentum is weak

Strength
Bearish
Volatility
ATR $0.3746 · BB 3.61%

Low volatility

Strength
Bullish
Volume
MFI 53.3 · OBV 1.68%

Relative to 20-period average volume

Strength
Range
Price Levels
$49.85 - $52.58

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.13% · 8.2 ATR above latest close

$52.95
Nearest resistance

+5.38% · 7.2 ATR above · 34-bar high

$52.58
Current price

Price shown is delayed

$49.9
Nearest support

-0.09% · 0.1 ATR below · 34-bar low

$49.85
Deeper support zone

-0.84% · 1.1 ATR below latest close

$49.48
ATR zone

Latest close ± ATR14

$49.52 - $50.27

Indicators

Trend

Dow Theory Structure

Confirmation $50.28, invalidation $51.45

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

Trend strength is active

23.1 / 21.9 / 37.5Bearish
Supertrend (10,3)

Price is above Supertrend

$49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.93 / $51.92Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Low volatility

$0.3746 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.61%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.46 / $50.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$49.52 / $50.27Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.58Range
Support

Nearest Downside Decision Level

$49.85Range

Momentum

RSI (14)

Momentum is weak

31.4Bearish
MACD (12,26,9)

Histogram is negative

-0.066Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.4 / 2.7Bearish
Williams %R (14)

Oversold zone

-97.6Bullish
CCI (20)

Weak expansion

-173.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.3Range
OBV slope

20-period OBV slope

1.68%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Trend

Dow Theory Structure

Confirmation $50.28, invalidation $51.45

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

Trend strength is active

23.1 / 21.9 / 37.5Bearish
Supertrend (10,3)

Price is above Supertrend

$49Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.93 / $51.92Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

31.4Bearish
MACD (12,26,9)

Histogram is negative

-0.066Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

2.4 / 2.7Bearish
Williams %R (14)

Oversold zone

-97.6Bullish
CCI (20)

Weak expansion

-173.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Low volatility

$0.3746 (0.75%)Bullish
Bollinger Bands (20,2)

Width 3.61%

-2%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.46 / $50.24Bullish
ATR channel lower / upper

Current Volatility Envelope

$49.52 / $50.27Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.3Range
OBV slope

20-period OBV slope

1.68%Bullish
Volume ratio

Relative to 20-period average volume

0.76xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.58Range
Support

Nearest Downside Decision Level

$49.85Range

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