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 8.50 and 7.07. If the stock breaks down through support at 8.50 then it will probably continue lower to 7.07. The stock has resistance at 9.23 and at 9.83. If the stock breaks up through resistance at 9.23 then it will probably continue higher to 9.83. The 200-day moving average is at 18.26. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (18.60).”

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 9.83 and 9.23. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.23. The stock has resistance at 11.34 and at 12.09. If the stock breaks up through resistance at 11.34 then it will probably continue higher to 12.09. The 200-day moving average is at 19.20. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (37.95).”

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 9.83 and 9.23. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.23. The stock has resistance at 11.91 and at 12.67. If the stock breaks up through resistance at 11.91 then it will probably continue higher to 12.67. The 200-day moving average is at 20.07. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (49.43).”

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 9.83 and 9.00. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.00. The stock has resistance at 12.09 and at 12.75. If the stock breaks up through resistance at 12.09 then it will probably continue higher to 12.75. The 200-day moving average is at 20.83. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (40.78).”

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 9.83 and 9.00. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.00. The stock has resistance at 12.09 and at 12.75. If the stock breaks up through resistance at 12.09 then it will probably continue higher to 12.75. The 200-day moving average is at 20.97. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (34.54).”

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 9.83 and 9.00. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.00. The stock has resistance at 12.09 and at 12.75. If the stock breaks up through resistance at 12.09 then it will probably continue higher to 12.75. The 200-day moving average is at 21.54. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (13.43).”

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 9.83 and 9.00. If the stock breaks down through support at 9.83 then it will probably continue lower to 9.00. The stock has resistance at 12.67 and at 13.95. If the stock breaks up through resistance at 12.67 then it will probably continue higher to 13.95. The 200-day moving average is at 22.52. This will also act as resistance. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 9.83 look for a rally to previous highs. The stock is slightly oversold according to the Stochastic Indicator (32.38).”

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 new level of support is at 9.63.

The stock has support at 9.63 and 6.93. If the stock breaks down through support at 9.63 then it will probably continue lower to 6.93. The stock has resistance at 11.50 and at 12.67. If the stock breaks up through resistance at 11.50 then it will probably continue higher to 12.67. The 200-day moving average is at 23.61. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (4.01), and turning up, which suggests a pause or possible rebound, especially if near support. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

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 new level of support is at 9.63.

The stock has support at 9.63 and 6.93. If the stock breaks down through support at 9.63 then it will probably continue lower to 6.93. The stock has resistance at 11.50 and at 12.67. If the stock breaks up through resistance at 11.50 then it will probably continue higher to 12.67. The 200-day moving average is at 23.61. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (4.01), and turning up, which suggests a pause or possible rebound, especially if near support. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”

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 new level of support is at 11.82.

The stock has support at 12.75 and 11.82. If the stock breaks down through support at 12.75 then it will probably continue lower to 11.82. The stock has resistance at 15.68 and at 16.74. If the stock breaks up through resistance at 15.68 then it will probably continue higher to 16.74. The 200-day moving average is at 25.48. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (5.74).”