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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 15.29 and 13.97. If the stock breaks down through support at 15.29 then it will probably continue lower to 13.97. The stock has resistance at 16.69 and at 18.27. If the stock breaks up through resistance at 16.69 then it will probably continue higher to 18.27. The 200-day moving average is at 32.68. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (60.34).”
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