Is Occidental Petroleum Corp. technically bullish or bearish?
As of September 3, 2025, Occidental Petroleum Corp. shows a mildly bearish technical trend, influenced by bearish monthly indicators and daily moving averages, despite recent outperformance against the S&P 500 over shorter time frames.
As of 3 September 2025, the technical trend for Occidental Petroleum Corp. has changed from sideways to mildly bearish. The weekly MACD and Bollinger Bands indicate bullish signals, but the monthly MACD and Bollinger Bands are bearish. The daily moving averages are mildly bearish, and the KST shows a mixed picture with weekly bullish and monthly bearish readings. The Dow Theory reflects a mildly bearish stance on the weekly and mildly bullish on the monthly. The OBV is also mildly bearish across both time frames.In terms of performance, Occidental Petroleum has outperformed the S&P 500 over the past week and month, but it has significantly underperformed over the year and the last three years. Overall, the current technical stance is mildly bearish, driven primarily by the bearish signals in the monthly indicators and the daily moving averages.
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