US stock / ETF

Occidental Petroleum Corporation

OXY · NYSE · USD

4 hoursBullish83%
4h Upside probability 83%Bullish

OXY 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $49.97 and reclaim $55.49.

Invalidation Trigger

Lose $49.97 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 65.5, MACD -0.032

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6419 (1.17%)

4h

EMA Structure

Bullish
EMA 8$54.32Bullish
EMA 21$53.84Bullish
EMA 50$52.99Bullish

Signals

CategoryReadStrength
Momentum
RSI 65.5 · MACD -0.032

Momentum is strong

Strength
Bullish
Volatility
ATR $0.6419 · BB 3.83%

Low volatility

Strength
Bullish
Volume
MFI 65.4 · OBV 13.64%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$49.97 - $55.49

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.32% · 2.0 ATR above latest close

$56.13
Nearest resistance

+1.15% · 1.0 ATR above · 34-bar high

$55.49
Current price

Price shown is delayed

$54.86
Nearest support

-8.91% · 7.6 ATR below · 34-bar low

$49.97
Deeper support zone

-10.08% · 8.6 ATR below latest close

$49.33
ATR zone

Latest close ± ATR14

$54.22 - $55.5

Indicators

Trend

Dow Theory Structure

Confirmation $54.99, invalidation $53.4

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

Trend strength is moderate

17.5 / 26.8 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$53.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.89 / $51.63Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Volatility

ATR (14)

Low volatility

$0.6419 (1.17%)Bullish
Bollinger Bands (20,2)

Width 3.83%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.03 / $52.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.22 / $55.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.49Range
Support

Nearest Downside Decision Level

$49.97Range

Momentum

RSI (14)

Momentum is strong

65.5Bullish
MACD (12,26,9)

Histogram is negative

-0.032Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.1 / 70.8Bullish
Williams %R (14)

Overbought zone

-6.9Bearish
CCI (20)

Balanced zone

95.0Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.4Bullish
OBV slope

20-period OBV slope

13.64%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Trend

Dow Theory Structure

Confirmation $54.99, invalidation $53.4

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

Trend strength is moderate

17.5 / 26.8 / 20.2Bullish
Supertrend (10,3)

Price is above Supertrend

$53.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$53.89 / $51.63Bullish
Donchian Channel (20)

20-period breakout channel position

74%Bullish

Momentum

RSI (14)

Momentum is strong

65.5Bullish
MACD (12,26,9)

Histogram is negative

-0.032Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

93.1 / 70.8Bullish
Williams %R (14)

Overbought zone

-6.9Bearish
CCI (20)

Balanced zone

95.0Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$0.6419 (1.17%)Bullish
Bollinger Bands (20,2)

Width 3.83%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.03 / $52.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$54.22 / $55.5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

65.4Bullish
OBV slope

20-period OBV slope

13.64%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$55.49Range
Support

Nearest Downside Decision Level

$49.97Range

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