The Greedy Trader Weekly Analysis
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- 8/15/2025 -
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Occidental Petroleum (OXY) Technical Analysis

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Summary:
Weekly :Price is near the Fibonacci 23.6% retracement level
Daily :Daily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARTrend resistance at 44.77
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It was a second consecutive positive week for the Occidental Petroleum (OXY). During the week, the OXY climbed 0.29 points, or 0.65%, and closed at 44.61 on Friday, August 15, 2025. Weekly volume was -32% below average.

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. The price is now at the 29.87% retracement 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 47.33 on June 23, 2025. OXY gained -12.54 points, or -36.04%, in 10 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See OXY weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since May 30, 2025. This is an indication that the medium-term trend is up. 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 July 11, 2025 at 46.44 and reached 42.05 on July 16, 2025. OXY lost 4.39 points, or 9.45%, in 5 days. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (44.77). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the 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 MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 43.34
Williams' Percentage Range (W%R) 28.60
Lane's Stochastic (%D-Slow) 73.66
Greed/Fear Indicator (GFI) 62.81
Moving Average Converg./Diverg. (MACD) 0.04
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 55.41
Williams' Percentage Range (W%R) 36.90
Lane's Stochastic (%D-Slow) 48.91
Greed/Fear Indicator (GFI) 55.17
Moving Average Converg./Diverg. (MACD) -1.59
Trading Signals
Description Value Chart
Upper Bollinger Band 45.72
Weekly Trendline Resistance 44.77
Price 44.61
Daily Stochastic Crossing 44.57
Weekly Stochastic Crossing 44.45
20 Day Moving Average 44.07
50 Day Moving Average 44.06
Lower Bollinger Band 42.44
Weekly Trendline Support 42.44
Parabolic System 42.38
Sector and Industry
Description Name Rank
Sector Energy 3
Industry Oil & Gas Exploration & Production 54
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 42.32
Low Date 08/06/2025
High 45.13
High Date 08/07/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
Status Test Resistance
Resistance 44.77
Support 42.44
High 46.44
High Date 07/11/2025
Low 42.05
Low Date 07/16/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 34.79
Low Date 04/09/2025
High 47.33
High Date 06/23/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 67.67
High Date 09/14/2023
Low 34.79
Low Date 04/09/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 77.13
High Date 08/29/2022
Low 34.79
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.