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 12.61.

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 15.68 and at 17.10. If the stock breaks up through resistance at 15.68 then it will probably continue higher to 17.10. The 200-day moving average is at 26.19. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (12.24).”

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 12.92.

The stock has support at 12.92 and 11.50. If the stock breaks down through support at 12.92 then it will probably continue lower to 11.50. The stock has resistance at 15.68 and at 17.10. If the stock breaks up through resistance at 15.68 then it will probably continue higher to 17.10. The 200-day moving average is at 26.47. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (18.38).”

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 stock has broken down through support at 19.55, so look for new support at 11.41.

The stock has support at 15.29 and 12.75. If the stock breaks down through support at 15.29 then it will probably continue lower to 12.75. The stock has resistance at 16.89 and at 18.27. If the stock breaks up through resistance at 16.89 then it will probably continue higher to 18.27. The 200-day moving average is at 28.76. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (17.12), 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 stock has broken down through support at 20.98, so look for new support at 13.17.

The stock has support at 17.24 and 15.29. If the stock breaks down through support at 17.24 then it will probably continue lower to 15.29. The stock has resistance at 18.27 and at 20.96. If the stock breaks up through resistance at 18.27 then it will probably continue higher to 20.96. The 200-day moving average is at 30.18. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (24.95).”

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 broken down through support at 21.55, so look for new support at 13.87.

The stock has support at 17.24 and 16.11. If the stock breaks down through support at 17.24 then it will probably continue lower to 16.11. The stock has resistance at 18.27 and at 21.55. If the stock breaks up through resistance at 18.27 then it will probably continue higher to 21.55. The 200-day moving average is at 30.74. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (49.40).”

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. However, the stock has broken up through an important long-term fibonacci resistance level at 14.76 suggesting the long-term down trend could be turning neutral. If this new level of support at 18.27 holds, look for a move higher to the next resistance level at 24.50.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 22.26 and at 24.50. If the stock breaks up through resistance at 22.26 then it will probably continue higher to 24.50. The 200-day moving average is at 31.41. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (59.23).”

Occidental Petroleum Corporation (OXY) “However, the stock has broken up through an important long-term fibonacci resistance level at 14.93 suggesting the long-term down trend could be turning neutral. If this new level of support at 18.27 holds, look for a move higher to the next resistance level at 24.50.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 22.40 and at 24.50. If the stock breaks up through resistance at 22.40 then it will probably continue higher to 24.50. The 200-day moving average is at 31.53. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (59.42).”

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 broken down through support at 22.97, so look for new support at 15.64.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 22.97 and at 30.31. If the stock breaks up through resistance at 22.97 then it will probably continue higher to 30.31. The 200-day moving average is at 32.00. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (68.20).”

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. However, the stock has broken up through an important long-term fibonacci resistance level at 16.17 suggesting the long-term down trend could be turning neutral. If this new level of support at 18.27 holds, look for a move higher to the next resistance level at 30.63.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 23.40 and at 30.63. If the stock breaks up through resistance at 23.40 then it will probably continue higher to 30.63. The 200-day moving average is at 32.35. This will also act as resistance. The stock is extremely overbought according to the Stochastic Indicator (83.53).”

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. However, the stock has broken up through an important long-term fibonacci resistance level at 16.52 suggesting the long-term down trend could be turning neutral. If this new level of support at 18.27 holds, look for a move higher to the next resistance level at 30.85.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 23.68 and at 30.85. If the stock breaks up through resistance at 23.68 then it will probably continue higher to 30.85. The 200-day moving average is at 32.56. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (70.78).”