Occidental Petroleum (OXY, $46.45) entered Downtrend as Momentum indicator drops below 0 level on Mar 03, 2025

#OilGasProduction, #TechnicalAnalysis, #Momentum, #Bearish, #Stocks, #LargeCap, #SP500
OXY - Occidental Petroleum Corp
Momentum signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $46.45
Daily change: -$2.39 (-4.89%)
Daily volume: 25M
Capitalization: $45.8B
Industry: Oil & Gas Production

This indicator may be signaling that OXY's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 78 similar cases where OXY's Momentum Indicator fell below the 0 level, and 64 of them led to a successful outcome. Odds of Success: 82%.