Is Occidental Petroleum Corp. technically bullish or bearish?
As of June 2, 2025, Occidental Petroleum Corp. has a mildly bearish trend, influenced by mixed indicators such as a mildly bullish weekly MACD and bearish monthly signals, with daily moving averages and monthly Bollinger Bands reinforcing the bearish stance.
As of 2 June 2025, the technical trend for Occidental Petroleum Corp. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The RSI on the monthly timeframe is bullish, while the weekly RSI shows no signal. Moving averages on the daily timeframe are mildly bearish, and Bollinger Bands are sideways on the weekly but mildly bearish on the monthly. KST and Dow Theory both show mildly bullish signals on the weekly but bearish on the monthly. Overall, the strength of the bearish stance is supported by the daily moving averages and the monthly Bollinger Bands, despite some bullish indicators on the weekly timeframe.
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