US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

1 weekBullish89%
Weekly Upside probability 89%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 $43.31 and reclaim $67.45.

Invalidation Trigger

Lose $43.31 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.1, MACD 0.247

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $3.79 (6.39%)

Weekly

EMA Structure

Bullish
EMA 8$58.95Bullish
EMA 21$56.82Bullish
EMA 50$53.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.1 · MACD 0.247

Momentum is strong

Strength
Bullish
Volatility
ATR $3.79 · BB 24.76%

High volatility

Strength
Bearish
Volume
MFI 49.3 · OBV -124.65%

Relative to 20-period average volume

Strength
Range
Price Levels
$43.31 - $67.45

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+20.11% · 3.1 ATR above latest close

$71.24
Nearest resistance

+13.71% · 2.1 ATR above · 34-bar high

$67.45
Current price

Price shown is delayed

$59.32
Nearest support

-26.98% · 4.2 ATR below · 34-bar low

$43.31
Deeper support zone

-33.38% · 5.2 ATR below latest close

$39.52
ATR zone

Latest close ± ATR14

$55.52 - $63.11

Indicators

Trend

Dow Theory Structure

Confirmation $62.15, invalidation $53.66

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

Trend strength is moderate

21.4 / 27.8 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$50.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.16 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

72%Range

Volatility

ATR (14)

High volatility

$3.79 (6.39%)Bearish
Bollinger Bands (20,2)

Width 24.76%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.2 / $49.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$55.52 / $63.11Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$43.31Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is positive

0.247Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 84.0Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

97.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-124.65%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Trend

Dow Theory Structure

Confirmation $62.15, invalidation $53.66

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

Trend strength is moderate

21.4 / 27.8 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$50.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$58.16 / $53.13Bullish
Donchian Channel (20)

20-period breakout channel position

72%Range

Momentum

RSI (14)

Momentum is strong

56.1Bullish
MACD (12,26,9)

Histogram is positive

0.247Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

72.2 / 84.0Bearish
Williams %R (14)

Neutral zone

-27.8Range
CCI (20)

Balanced zone

97.4Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$3.79 (6.39%)Bearish
Bollinger Bands (20,2)

Width 24.76%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$64.2 / $49.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$55.52 / $63.11Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.3Range
OBV slope

20-period OBV slope

-124.65%Bearish
Volume ratio

Relative to 20-period average volume

0.67xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$67.45Range
Support

Nearest Downside Decision Level

$43.31Range

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