US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

4 hoursBearish63%
4h Downside probability 63%Bearish

OXY 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $63.12 and stabilize above resistance $64.9.

Invalidation Trigger

Break above $64.9 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBearish
Momentum soft

RSI 51.4, MACD -0.123

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7253 (1.15%)

4h

EMA Structure

Bullish
EMA 8$63.19Bearish
EMA 21$63.12Bullish
EMA 50$62.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.4 · MACD -0.123

Neutral zone

Strength
Bearish
Volatility
ATR $0.7253 · BB 4.45%

Low volatility

Strength
Bullish
Volume
MFI 43.6 · OBV -48.31%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$61.34 - $64.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.92% · 3.4 ATR above latest close

$65.63
Nearest resistance

+2.77% · 2.4 ATR above · 34-bar high

$64.9
Current price

Price shown is delayed

$63.15
Nearest support

-2.87% · 2.5 ATR below · 34-bar low

$61.34
Deeper support zone

-4.02% · 3.5 ATR below latest close

$60.61
ATR zone

Latest close ± ATR14

$62.42 - $63.88

Indicators

Trend

Dow Theory Structure

Confirmation $62.41, invalidation $64.47

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

Trend strength is moderate

9.6 / 17.7 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$61.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$63.34 / $62.4Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

Low volatility

$0.7253 (1.15%)Bullish
Bollinger Bands (20,2)

Width 4.45%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.35 / $61.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$62.42 / $63.88Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.9Range
Support

Nearest Downside Decision Level

$61.34Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.123Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.7 / 33.5Bearish
Williams %R (14)

Neutral zone

-70.3Range
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-48.31%Bearish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Trend

Dow Theory Structure

Confirmation $62.41, invalidation $64.47

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

Trend strength is moderate

9.6 / 17.7 / 32.9Bearish
Supertrend (10,3)

Price is above Supertrend

$61.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$63.34 / $62.4Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Neutral zone

51.4Range
MACD (12,26,9)

Histogram is negative

-0.123Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.7 / 33.5Bearish
Williams %R (14)

Neutral zone

-70.3Range
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$0.7253 (1.15%)Bullish
Bollinger Bands (20,2)

Width 4.45%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$64.35 / $61.92Bullish
ATR channel lower / upper

Current Volatility Envelope

$62.42 / $63.88Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.6Bearish
OBV slope

20-period OBV slope

-48.31%Bearish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$64.9Range
Support

Nearest Downside Decision Level

$61.34Range

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