US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 weekBullish55%
Weekly Upside probability 55%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 $38.81 and reclaim $67.45.

Invalidation Trigger

Lose $38.81 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 45.1, MACD -1.164

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $5.26 (10.52%)

Weekly

EMA Structure

Bullish
EMA 8$54.57Bearish
EMA 21$54Bearish
EMA 50$51.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.1 · MACD -1.164

Neutral zone

Strength
Bearish
Volatility
ATR $5.26 · BB 31.51%

High volatility

Strength
Bearish
Volume
MFI 52.0 · OBV 11.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$38.81 - $67.45

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+45.47% · 4.3 ATR above latest close

$72.71
Nearest resistance

+34.95% · 3.3 ATR above · 34-bar high

$67.45
Current price

Price shown is delayed

$49.98
Nearest support

-22.36% · 2.1 ATR below · 34-bar low

$38.81
Deeper support zone

-32.88% · 3.1 ATR below latest close

$33.55
ATR zone

Latest close ± ATR14

$44.72 - $55.24

Indicators

Trend

Dow Theory Structure

Confirmation $61.2, invalidation $52.99

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

Trend strength is active

39.4 / 16.0 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$37.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.6 / $53.13Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Volatility

ATR (14)

High volatility

$5.26 (10.52%)Bearish
Bollinger Bands (20,2)

Width 31.51%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63 / $45.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$44.72 / $55.24Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$38.81Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-1.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.7 / 11.3Bearish
Williams %R (14)

Oversold zone

-99.3Bullish
CCI (20)

Weak expansion

-107.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.0Range
OBV slope

20-period OBV slope

11.10%Bullish
Volume ratio

Relative to 20-period average volume

0.92xRange

Trend

Dow Theory Structure

Confirmation $61.2, invalidation $52.99

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

Trend strength is active

39.4 / 16.0 / 30.6Bearish
Supertrend (10,3)

Price is above Supertrend

$37.93Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.6 / $53.13Bearish
Donchian Channel (20)

20-period breakout channel position

23%Range

Momentum

RSI (14)

Neutral zone

45.1Range
MACD (12,26,9)

Histogram is negative

-1.164Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.7 / 11.3Bearish
Williams %R (14)

Oversold zone

-99.3Bullish
CCI (20)

Weak expansion

-107.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$5.26 (10.52%)Bearish
Bollinger Bands (20,2)

Width 31.51%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$63 / $45.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$44.72 / $55.24Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.0Range
OBV slope

20-period OBV slope

11.10%Bullish
Volume ratio

Relative to 20-period average volume

0.92xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$38.81Range

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