Occidental PetroleumOXY

Occidental Petroleum (OXY) chart patterns, support & resistance & technical analysis

Auto-detected technical analysis for OXY · data as of Sep 2, 2026. The chart above is live; the read below updates daily.

$60.54last close · Sep 2, 202652-week range $38.80 – $67.45 · 10.24% below the high

OXY triangle pattern

OXY is currently forming a triangle on the daily timeframe. Detected Sep 2, 2026.

A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $50.29 (−13.2%).

DirectionBearishTarget$50.29Projected move−13.2%Breakout level$57.33

New to this pattern? What a triangle is and how to trade it →

OXY's most recent rising wedge trade

OXY's most recent completed rising wedge (which broke against type) resolved as a loss: it broke higher on Oct 23, 2026 near $64.26, then was stopped out at $60.00 on Nov 3, 2026 — a 6.6% move (-1.43R) over 7 sessions. Across 151,040 backtested rising wedges, this setup wins 37.9% of the time.

OutcomeLossResult-6.6%R-1.43REntry$64.26Exit$60.00

Learn about rising wedge

OXY pattern trade history

Every completed pattern trade our nightly backtest found on OXY's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising wedgeOct 23, 2026 @ $64.26Nov 3, 2026 @ $60.00Loss+9.2% · -1.43R
TriangleSep 15, 2026 @ $63.45Sep 17, 2026 @ $58.67Loss+5.6% · -1.62R
TriangleSep 14, 2026 @ $62.54Sep 17, 2026 @ $58.67Loss+3.9% · -1.65R
TriangleMay 15, 2026 @ $58.65Jun 12, 2026 @ $54.74Loss+23.4% · -1.23R
Rising wedgeFeb 19, 2026 @ $49.76Mar 11, 2026 @ $53.50Win+4.5% · +0.80R
Rising wedgeFeb 4, 2026 @ $46.42Mar 11, 2026 @ $53.50Win+6.4% · +2.28R
Falling wedgeDec 30, 2025 @ $41.51Mar 11, 2026 @ $53.50Win+18.3% · +5.81R
TriangleDec 15, 2025 @ $40.27Jan 8, 2026 @ $43.20Loss+6.1% · -1.00R
Falling wedgeNov 28, 2025 @ $42.21Dec 16, 2025 @ $39.79Loss+16.3% · -1.78R
Falling wedgeNov 26, 2025 @ $42.01Dec 16, 2025 @ $39.79Loss+13.3% · -1.60R
Falling wedgeNov 6, 2025 @ $40.53Dec 16, 2025 @ $38.97Loss+14.3% · -2.00R
TriangleOct 10, 2025 @ $43.56Nov 4, 2025 @ $40.02Win+8.1% · +0.60R

Triangle examples on other charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about triangle

OXY support and resistance levels

Price found a floor near $49.76 about 2 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $60.95 — still about 0.7% away.

  • Traders commonly watch $60.95 as a target (its 61.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $49.76 floor about 2 months ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

OXY recent daily prices

DateOpenHighLowClose
Sep 2, 2026$60.44$60.88$60.14$60.54
Sep 1, 2026$61.10$61.23$60.05$60.95
Aug 31, 2026$60.35$60.95$59.37$60.18
Aug 28, 2026$59.26$59.48$58.67$59.10
Aug 27, 2026$58.56$59.59$58.13$59.17
Aug 26, 2026$57.75$58.98$57.54$58.62
Aug 25, 2026$59.07$59.36$58.37$58.41
Aug 24, 2026$61.00$61.23$59.39$60.11
Aug 21, 2026$61.54$61.78$61.20$61.30
Aug 20, 2026$61.00$62.15$60.94$61.52

OXY frequently asked questions

What chart pattern is OXY forming right now?
As of Sep 2, 2026, TradingPal's detector identifies a triangle on Occidental Petroleum (OXY) on the daily chart, with a measured-move target of $50.29.
Is a triangle bullish or bearish?
The triangle detected on OXY is a bearish pattern, projecting a measured-move target of $50.29. See its full backtested track record above — that's the real edge, not the textbook label.
What is the price target if OXY's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $50.29 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was OXY's closing price on Sep 2, 2026?
Occidental Petroleum (OXY) last closed at $60.54 on Sep 2, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.