OXY technical analysis
OXY Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
OXY Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- OXY
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 54.57 | July 14, 2026 | - | Verified |
| Finviz (independent) | 54.57 | July 14, 2026 (previous close) | 0.00% | Verified |
Bottom line
OXY Technical Analysis Summary
OXY (Occidental Petroleum) shows a mixed technical picture with a short-term bounce underway. Price at 54.57 is above SMA20 (51.63) and SMA200 (49.19) but below SMA50 (55.03) on the daily timeframe, suggesting near-term support has held while the intermediate trend remains corrective. RSI14 at 55.70 on the daily and 50.49 on the weekly reflects neutral to slightly positive momentum without extreme readings. The daily MACD histogram is positive at 0.73 with the MACD line at -0.55 converging toward the signal line at -1.28, indicating improving short-term momentum and a potential bullish crossover. However, the weekly MACD remains bearish with the line at 1.01 below the signal at 2.26 and a negative histogram at -1.25. Key resistance sits at 55.49 (20-day high), 60.96 (60-day high), and 67.14 (52-week high). Key support stands at 47.77 (20/60-day low) and 38.44 (60-week low/52-week low). A close above SMA50 at 55.03 with volume confirmation would signal trend improvement; a break below 47.77 would suggest renewed weakness.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Mixed with short-term bounce. Price at 54.57 is above SMA20 (51.63) and SMA200 (49.19), but below SMA50 (55.03). The SMA200 is sloping upward, confirming a longer-term uptrend. The recent move from the 47.77 low area back above SMA20 is a positive short-term development.
- Momentum
- Neutral with improving bias. RSI14 at 55.70 sits slightly above the neutral midpoint, indicating mild positive momentum. MACD at -0.55 with the histogram turning positive at 0.73 and the MACD line converging toward the signal line at -1.28 suggests building upside momentum. A bullish crossover would be a meaningful signal if it develops.
- Volatility
- Moderate. ATR14 at 1.73 (3.17% of price) reflects average daily movement within normal range. Bollinger Bands (47.46 to 55.81) show price near the upper band at 54.57, consistent with the short-term bounce. Band width is moderate, suggesting no volatility expansion.
- Volume
- Slightly above average. Latest volume of 11,115,162 is 1.09x the 20-period average (10,230,178), confirming mild participation in the bounce. This adds modest credibility to the near-term upward move.
Assessment
The daily timeframe shows a neutral to cautiously improving picture. Price reclaiming SMA20 is a positive development, but the failure to reach SMA50 keeps the intermediate trend in question. The MACD histogram turning positive and supportive volume on the bounce are encouraging. A sustained move above SMA50 (55.03) would meaningfully improve the daily outlook.
Weekly (July 6, 2026 week)
- Trend
- Mixed. Price at 52.89 is above SMA50 (48.37) and SMA200 (53.36) but below SMA20 (56.12). The gap between SMA20 and the price reflects the recent pullback from the 67.14 high. SMA200 is sloping slightly downward, suggesting the long-term trend is more neutral.
- Momentum
- Bearish. RSI14 at 50.49 is at the neutral midpoint. MACD at 1.01 with the line below the signal at 2.26 and a negative histogram at -1.25 confirms bearish momentum on the weekly timeframe. The MACD has been declining since the early 2026 highs.
- Volatility
- Elevated. ATR14 at 4.41 (8.33% of price) reflects wide weekly ranges, consistent with the pullback from the 52-week high. Bollinger Bands (48.08 to 64.16) are wide with price near the lower half, reflecting the recent corrective phase.
- Volume
- Below average. Weekly volume of 54,041,200 is 78% of the 20-week average (69,564,070), indicating diminishing participation in the pullback. This can be interpreted as a lack of aggressive selling pressure.
Assessment
The weekly timeframe is bearish-leaning mixed. The price below SMA20 and declining MACD point to ongoing correction from the 67.14 high. However, the price above SMA50 is a positive structural feature, and the below-average volume on the pullback suggests distribution is not aggressive. The stock needs to reclaim SMA20 (56.12) to shift the weekly trend back to bullish.
Key indicators
OXY Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 55.70 | 50.49 |
| MACD (12, 26, 9) | -0.55 / -1.28 / 0.73 | 1.01 / 2.26 / -1.25 |
| ATR (14) | 1.73 (3.17%) | 4.41 (8.33%) |
| Bollinger Bands (20, 2) | 47.46 - 55.81 | 48.08 - 64.16 |
| SMA (20) | 51.63 | 56.12 |
| SMA (50) | 55.03 | 48.37 |
| SMA (200) | 49.19 | 53.36 |
Price structure
OXY Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 54.57 | 52.89 |
| 1-Period Return | -0.44% | +8.14% |
| 5-Period Return | +5.59% | -6.67% |
| 20-Period Return | -3.48% | +2.98% |
| 60-Period Return | -3.60% | +26.13% |
| 252-Period Return | +20.27% | +126.56% |
| 52-Week Low | 38.44 | 38.44 |
| 52-Week High | 67.14 | 67.14 |
| 52-Week Position | 56.20% | 50.35% |
Key levels
OXY Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 55.49 | 67.14 |
| 20-Period Low | 47.77 | 47.77 |
| 60-Period High | 60.96 | 67.14 |
| 60-Period Low | 47.77 | 38.44 |
Scenarios
OXY Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and sustains above SMA50 at 55.03, followed by a move through the 20-day high at 55.49.
Invalidation
Price falls back below the 20-day low at 47.77.
What to watch
MACD daily crossover (MACD line crossing above signal line) and increasing volume to confirm the breakout. RSI moving and holding above 60.
Range-Bound
Trigger
Price continues to oscillate between 47.77 support and 55.49-60.96 resistance zone.
Invalidation
A decisive break of either boundary with expanding volume.
What to watch
RSI staying between 45 and 55; volume remaining near average levels. Daily MACD histogram staying positive but not accelerating.
Bearish
Trigger
Price breaks below 47.77 (20/60-day low) and then 38.44 (60-week low/52-week low).
Invalidation
Price reclaims SMA20 (51.63) and SMA50 (55.03) and holds above both.
What to watch
Sustained closes below SMA20 (51.63); increasing downside volume; RSI breaking below 45 on the daily chart.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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