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Archive - 12/19/2025 - Sign In to see current Signals. |
Occidental Petroleum (OXY) Technical Analysis
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| Summary:
| | Weekly :    | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the Occidental Petroleum (OXY). During the week, the OXY dropped -1.45 points, or -3.53%, and closed at 39.62 on Friday, December 19, 2025. It was the worst weekly loss since October 10, 2025. Weekly volume was 9% above 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 August 29, 2022 at 77.13 and reached 34.79 on April 9, 2025. OXY lost 42.34 points, or 54.89%, in 136 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 28.99 and resistance is at 46.46. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See OXY medium-term trend chart] A medium-term downtrend had started on September 30, 2025 at 49.45 and reached 38.80 on December 16, 2025. OXY lost 10.65 points, or 21.54%, in 11 weeks. The chart has formed a Rectangle chart pattern. The downtrend support line (40.06) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 17, 2025. This is an indication that the medium-term trend is down. 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 November 11, 2025 at 43.42 and reached 38.80 on December 16, 2025. OXY lost 4.62 points, or 10.64%, in 35 days. The price is now at the 17.75% retracement level.
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. The daily MACD line is below its signal line since December 10, 2025. This is an indication that the short-term trend is down.
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