US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

4 hoursBearish73%
4h Downside probability 73%Bearish

OXY 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $60.66 and stabilize above resistance $63.77.

Invalidation Trigger

Break above $63.77 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -0.390

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.9524 (1.61%)

4h

EMA Structure

Bearish
EMA 8$59.82Bearish
EMA 21$60.66Bearish
EMA 50$60.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -0.390

Momentum is weak

Strength
Bearish
Volatility
ATR $0.9524 · BB 10.08%

Low volatility

Strength
Range
Volume
MFI 45.1 · OBV 30.00%

Relative to 20-period average volume

Strength
Range
Price Levels
$58.34 - $63.77

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.11% · 5.7 ATR above latest close

$64.72
Nearest resistance

+7.51% · 4.7 ATR above · 34-bar high

$63.77
Current price

Price shown is delayed

$59.32
Nearest support

-1.65% · 1.0 ATR below · 34-bar low

$58.34
Deeper support zone

-3.25% · 2.0 ATR below latest close

$57.39
ATR zone

Latest close ± ATR14

$58.36 - $60.27

Indicators

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $58.34

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.0 / 14.6 / 40.8Bearish
Supertrend (10,3)

Price is above Supertrend

$56.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.01 / $61.06Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

Low volatility

$0.9524 (1.61%)Range
Bollinger Bands (20,2)

Width 10.08%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.48 / $58.79Range
ATR channel lower / upper

Current Volatility Envelope

$58.36 / $60.27Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.77Range
Support

Nearest Downside Decision Level

$58.34Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.390Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.0 / 13.9Bullish
Williams %R (14)

Oversold zone

-82.0Bullish
CCI (20)

Weak expansion

-100.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

30.00%Bullish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Trend

Dow Theory Structure

Confirmation $63.77, invalidation $58.34

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

21.0 / 14.6 / 40.8Bearish
Supertrend (10,3)

Price is above Supertrend

$56.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$61.01 / $61.06Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-0.390Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.0 / 13.9Bullish
Williams %R (14)

Oversold zone

-82.0Bullish
CCI (20)

Weak expansion

-100.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$0.9524 (1.61%)Range
Bollinger Bands (20,2)

Width 10.08%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$62.48 / $58.79Range
ATR channel lower / upper

Current Volatility Envelope

$58.36 / $60.27Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

30.00%Bullish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$63.77Range
Support

Nearest Downside Decision Level

$58.34Range

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