OXY Stock Update Wednesday, 25 May 2022

OXY – Energy Sector Still Strong

OXY: Can earnings boost momentum?!

OXY – A move above the high should start a new rally

TradingViewer

OXY currently trying to breakout from the 3 month consolidation faze, it looks like a potential fake out breakout though so longs should be cautious.

If breakout can hold and we see continuation to upside my targets are 71.61-81.65-91.69 but break below 61.14 and it can go back to 51-53 supports

OXY Financial Summary

OXY technical analysis

OSCILLATORS

Name	Value	Action
Relative Strength Index (14)	53.22	Neutral
Stochastic %K (14, 3, 3)	59.57	Neutral
Commodity Channel Index (20)	56.41	Neutral
Average Directional Index (14)	24.31	Neutral
Awesome Oscillator	5.87	Neutral
Momentum (10)	−2.52	Sell
MACD Level (12, 26)	1.91	Buy
Stochastic RSI Fast (3, 3, 14, 14)	40.51	Neutral
Williams Percent Range (14)	−55.06	Neutral
Bull Bear Power	2.37	Neutral
Ultimate Oscillator (7, 14, 28)	51.09	Neutral

MOVING AVERAGES

Name	Value	Action
Exponential Moving Average (10)	63.13	Sell
Simple Moving Average (10)	62.70	Sell
Exponential Moving Average (20)	61.65	Buy
Simple Moving Average (20)	60.54	Buy
Exponential Moving Average (30)	60.38	Buy
Simple Moving Average (30)	60.25	Buy
Exponential Moving Average (50)	57.66	Buy
Simple Moving Average (50)	59.06	Buy
Exponential Moving Average (100)	51.29	Buy
Simple Moving Average (100)	49.22	Buy
Exponential Moving Average (200)	43.27	Buy
Simple Moving Average (200)	39.29	Buy
Ichimoku Base Line (9, 26, 52, 26)	60.35	Neutral
Volume Weighted Moving Average (20)	60.79	Buy
Hull Moving Average (9)	65.25	Sell

PIVOTS

Pivot	Classic	Fibonacci	Camarilla	Woodie	DM
S3	32.67	44.70	51.78	36.49	—
S2	44.70	49.29	52.88	44.01	—
S1	49.89	52.13	53.99	48.52	47.30
P	56.73	56.73	56.73	56.04	55.43
R1	61.92	61.32	56.19	60.55	59.33
R2	68.76	64.16	57.30	68.07	—
R3	80.79	68.76	58.40	72.58