US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 weekBullish85%
Weekly Upside probability 85%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 $45.06 and reclaim $67.45.

Invalidation Trigger

Lose $45.06 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 57.1, MACD -0.043

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.65 (6.05%)

Weekly

EMA Structure

Bullish
EMA 8$58.77Bullish
EMA 21$57.21Bullish
EMA 50$54.08Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.1 · MACD -0.043

Momentum is strong

Strength
Bullish
Volatility
ATR $3.65 · BB 24.01%

High volatility

Strength
Bearish
Volume
MFI 54.7 · OBV -75.19%

Relative to 20-period average volume

Strength
Range
Price Levels
$45.06 - $67.45

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+17.94% · 3.0 ATR above latest close

$71.1
Nearest resistance

+11.89% · 2.0 ATR above · 34-bar high

$67.45
Current price

Price shown is delayed

$60.28
Nearest support

-25.25% · 4.2 ATR below · 34-bar low

$45.06
Deeper support zone

-31.3% · 5.2 ATR below latest close

$41.41
ATR zone

Latest close ± ATR14

$56.63 - $63.93

Indicators

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $53.66

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

Trend strength is moderate

21.2 / 33.1 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$48.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.52 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

78%Range

Volatility

ATR (14)

High volatility

$3.65 (6.05%)Bearish
Bollinger Bands (20,2)

Width 24.01%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.07 / $50.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$56.63 / $63.93Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$45.06Range

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-0.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.9 / 66.0Bullish
Williams %R (14)

Neutral zone

-23.1Range
CCI (20)

Balanced zone

70.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.7Range
OBV slope

20-period OBV slope

-75.19%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $53.66

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

Trend strength is moderate

21.2 / 33.1 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$48.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$57.52 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

78%Range

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-0.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.9 / 66.0Bullish
Williams %R (14)

Neutral zone

-23.1Range
CCI (20)

Balanced zone

70.5Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$3.65 (6.05%)Bearish
Bollinger Bands (20,2)

Width 24.01%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.07 / $50.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$56.63 / $63.93Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.7Range
OBV slope

20-period OBV slope

-75.19%Bearish
Volume ratio

Relative to 20-period average volume

0.88xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$45.06Range

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