Is Occidental Petroleum Corp. technically bullish or bearish?

Oct 06 2025 11:58 AM IST
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As of October 3, 2025, Occidental Petroleum Corp. shows a mildly bullish trend with mixed technical indicators, but it has underperformed the S&P 500 significantly, warranting caution.
As of 3 October 2025, the technical trend for Occidental Petroleum Corp. has changed from mildly bearish to mildly bullish. The weekly MACD and KST indicators are bullish, while the monthly MACD and KST are bearish, indicating mixed signals across time frames. The daily moving averages are mildly bullish, supporting the current positive trend. However, the Bollinger Bands and monthly Dow Theory indicate bearish and mildly bullish conditions, respectively.

In terms of performance, Occidental has underperformed the S&P 500 across multiple periods, with a year-to-date return of -9.23% compared to the S&P 500's 14.18%, and a one-year return of -18.14% versus 17.82% for the index. Overall, the current technical stance is mildly bullish, but caution is warranted due to the mixed indicators and underperformance relative to the benchmark.
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