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Archive
- 10/24/2025 -
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Occidental Petroleum (OXY) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week after 3 consecutive negative weeks for the Occidental Petroleum (OXY). During the week, the OXY gained 1.67 points, or 4.08%, and closed at 42.57 on Friday, October 24, 2025. It was the best weekly gain since August 29, 2025. Weekly volume was -14% below average.
OXY is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See OXY long-term trend chart]
A long-term downtrend had started on September 14, 2023 at 67.67 and reached 34.79 on April 9, 2025. OXY lost 32.88 points, or 48.59%, in 81 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Medium-term trend: [See OXY medium-term trend chart]
A medium-term uptrend had started on April 9, 2025 at 34.79 and reached 49.45 on September 30, 2025. OXY gained -14.66 points, or -42.14%, in 24 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (46.52) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See OXY weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. Use the following link to access a MACD help.
 Short-term trend: [See OXY short-term trend chart]
A short-term downtrend had started on September 30, 2025 at 49.45 and reached 40.51 on October 16, 2025. OXY lost 8.94 points, or 18.08%, in 16 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (38.66) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See OXY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The daily MACD line is below its signal line since October 1, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
11 |
| Industry |
Oil & Gas Exploration & Production |
35 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
40.51 |
| Low Date |
10/16/2025 |
| High |
43.35 |
| High Date |
10/23/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
36.17 |
| Support |
38.66 |
| High |
49.45 |
| High Date |
09/30/2025 |
| Low |
40.51 |
| Low Date |
10/16/2025 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Broken Support |
| Resistance |
50.83 |
| Support |
46.52 |
| Low |
34.79 |
| Low Date |
04/09/2025 |
| High |
49.45 |
| High Date |
09/30/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
67.67 |
| High Date |
09/14/2023 |
| Low |
34.79 |
| Low Date |
04/09/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
77.13 |
| High Date |
08/29/2022 |
| Low |
34.79 |
| Low Date |
04/09/2025 |
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