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OXY

Occidental PetroleumEnergy
$46.24+9.37%
Rounding Bottom
0CP IndexWeak
How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics:

  • Trend Alignment (SMA)
  • Volume Confirmation
  • Pattern Clarity
  • Momentum (RSI)
3 Month Interval$46.24
DECJANFEB
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Rounding Bottom Detected

Traders are watching this Rounding Bottom on OXY. Inspect the chart now.

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Quick Actions

Trade Plan: Rounding Bottom

Risk/Reward
1:2
Entry
$47.69
Stop
$43.24
Target
$56.58

Chart Pattern

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

Traders are watching Occidental Petroleum (OXY) as price action tightens. The stock is trading at $46.24, up 1.64% on the day. Algorithmically, a **Rounding Bottom** structure has completed. The trend indicator is reading 17.8/100, suggesting moderate momentum. A potential breakout level is identified at **$47.69**, targeting **$56.58** with support near **$43.24** (R:R 2.0).

Community Sentiment

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Peer Analysis

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