US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

OXY 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $47.77 and reclaim $67.45.

Invalidation Trigger

Lose $47.77 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 59.7, MACD 0.323

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.25 (5.18%)

Weekly

EMA Structure

Bullish
EMA 8$61.08Bullish
EMA 21$58.67Bullish
EMA 50$55.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.7 · MACD 0.323

Momentum is strong

Strength
Bullish
Volatility
ATR $3.25 · BB 28.60%

High volatility

Strength
Bearish
Volume
MFI 49.6 · OBV 254.93%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.77 - $67.45

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+12.48% · 2.4 ATR above latest close

$70.7
Nearest resistance

+7.3% · 1.4 ATR above · 34-bar high

$67.45
Current price

Price shown is delayed

$62.86
Nearest support

-24.01% · 4.6 ATR below · 34-bar low

$47.77
Deeper support zone

-29.18% · 5.6 ATR below latest close

$44.52
ATR zone

Latest close ± ATR14

$59.61 - $66.11

Indicators

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $54.76

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 28.5 / 13.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.11 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

High volatility

$3.25 (5.18%)Bearish
Bollinger Bands (20,2)

Width 28.60%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.95 / $52.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$59.61 / $66.11Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$47.77Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.323Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.5 / 87.2Bearish
Williams %R (14)

Overbought zone

-18.5Bearish
CCI (20)

Strong expansion

115.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

254.93%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $54.76

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

24.7 / 28.5 / 13.6Bullish
Supertrend (10,3)

Price is above Supertrend

$54.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.11 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is positive

0.323Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

81.5 / 87.2Bearish
Williams %R (14)

Overbought zone

-18.5Bearish
CCI (20)

Strong expansion

115.6Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$3.25 (5.18%)Bearish
Bollinger Bands (20,2)

Width 28.60%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.95 / $52.71Bearish
ATR channel lower / upper

Current Volatility Envelope

$59.61 / $66.11Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

254.93%Bullish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$47.77Range

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