OXY

Occidental PetroleumEnergy

$51.82-2.30%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$51.82

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Descending Triangle Detected

Traders are watching this Descending Triangle on OXY. Inspect the chart now.

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Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.31

Entry

$51.19

Stop

$58.62

Target

$41.41

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

A clear signal has emerged for Occidental Petroleum (OXY) on the daily chart. Price has moved to $51.82 (-2.3%) amidst recent volatility. Price action has carved out a classic Descending Triangle. The trend indicator is reading 29.5/100, suggesting moderate momentum. A potential breakout level is identified at $51.19, targeting $41.41 with support near $58.62 (R:R 1.31).

Community Sentiment

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Pattern Peers

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