$OXY Occidental Petroleum Corporation Stock Robo Analyst May 30 2020 #OXY

Occidental Petroleum Corporation (OXY) “On a long-term technical basis, the stock (OXY) is trading below its 200-day moving average which generally implies it is in a negative trend.

The stock has support at 12.75 and 11.50. If the stock breaks down through support at 12.75 then it will probably continue lower to 11.50. The stock has resistance at 13.61 and at 15.29. If the stock breaks up through resistance at 13.61 then it will probably continue higher to 15.29. The 200-day moving average is at 33.28. This will also act as resistance. The stock is slightly oversold according to the Stochastic Indicator (29.65).”