OXY stock showed bullish momentum with 0.62% movement on Jun 20, 2025
Date: Jun 20, 2025 (Friday)
At closed: 4:00:01 PM EDT
open : $45.56
close : $45.63
low : $45.36
high : $45.90
previous close: $45.35
Also check: Tool to spot which candlestick has formed
Company Profile
Symbol : OXY
Exchange : NYSE
Sector : Energy
Industry : Oil & Gas E&P
Market Size : 44.906B (Large-Cap)
Website : https://www.oxy.com/
Price Analysis On Jun 20, 2025 (Friday), Occidental Petroleum Corporation (OXY) showed bullish momentum of 0.62% relative to previous day's close.
Opening Bell At the opening bell, the stock opened at $45.56, a minor gap up of 0.46% from the previous close of $45.35.
Trading Range Occidental Petroleum Corporation, hit a high of $45.90 and a low of $45.36, creating a trading range of $0.54. The stock closed 0.62% higher than the previous day and 0.15% higher than the day's open.
Volatility Analysis The stock experienced low volatility (1.18%), staying within a narrow range (the stock remained stable with a high of $45.90 and a low of $45.36).
Market view Notably, the stock has been on a strong upward trajectory in recent months and today's close > open forms a bullish candle, reinforcing the trend and signaling strong buying pressure as bullish momentum continues.
Technical View On Chart
The chart for Occidental Petroleum Corporation (OXY) shows a definite parallel rising channel that has formed since early April 2025. The stock is moving higher inside well-defined support and resistance lines. It is currently trading near the channel's top limit, approaching a significant horizontal resistance zone of roughly $47, which was tested in January and March. A break above this resistance could imply positive momentum, however a rejection here could result in a pullback into the lower channel line. Traders should constantly observe volume and price action near this level.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.