Occidental Petroleum(OXY)

Occidental Petroleum (OXY) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for OXY · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$57.50last close · Jul 22, 202652-week range $38.80 – $67.45 · 14.75% below the high

OXY Triangle Pattern

OXY is currently forming a triangle on the daily timeframe. Detected Jul 22, 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%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; OXY's own triangles have hit 62.2%.

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 Triangle Trade

OXY's most recent completed triangle resolved as a win: it broke down on Jun 9, 2026 near $56.92, then reached its target at $50.29 on Jun 26, 2026 — a 11.6% move (+1.85R) over 12 sessions. Across 131 backtested triangles, this setup wins 56.5% of the time.

OutcomeWinResult+11.6%R+1.85REntry$56.92Exit$50.29

Learn about triangle

How Triangles Have Performed

Win rate

53.5%

Avg return

+0.37R

Backtested trades

17,276

OXY win rate

62.2%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

OXY Pattern Trade History

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

Pattern	Entry	Exit	Outcome	Result
Triangle	Jun 9, 2026 @ $56.92	Jun 26, 2026 @ $50.29	Win	+13.2% · +1.85R
Bullish Pennant	May 15, 2026 @ $57.93	Jun 18, 2026 @ $51.82	Loss	+29.8% · -1.24R
Triangle	Feb 18, 2026 @ $47.01	Mar 10, 2026 @ $53.12	Win	+7.6% · +2.85R
Rising Wedge	Feb 4, 2026 @ $45.84	Mar 10, 2026 @ $53.12	Win	+11.7% · +2.87R
Triangle	Dec 10, 2025 @ $41.18	Jan 8, 2026 @ $43.23	Loss	+8.2% · -1.01R
Triangle	Oct 2, 2025 @ $46.43	Oct 10, 2025 @ $43.08	Win	+8.1% · +1.11R
Bullish Pennant	Aug 21, 2025 @ $44.75	Oct 10, 2025 @ $42.15	Loss	+13.6% · -2.30R
Triangle	Aug 1, 2025 @ $43.20	Aug 22, 2025 @ $45.83	Loss	+11.9% · -1.08R
Rising Wedge	Jun 30, 2025 @ $42.39	Aug 28, 2025 @ $47.51	Loss	+14.2% · -1.04R
Rising Wedge	Jun 24, 2025 @ $42.63	Aug 28, 2025 @ $47.51	Loss	+14.8% · -1.04R
Triangle	Dec 4, 2024 @ $49.84	Jan 13, 2025 @ $52.68	Loss	+12.0% · -1.24R
Falling Wedge	Mar 28, 2023 @ $60.65	May 10, 2023 @ $56.85	Loss	+12.2% · -1.05R

Triangle Examples on Other Charts

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

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XLEEnergy Select Sector SPDR

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Learn about triangle

OXY Support and Resistance Levels

Price found a floor near $48.38 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $68.07 — still about 18% away.

Traders commonly watch $68.07 as a target (its 78.6% 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 $48.38 floor about 2 weeks 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

Date	Open	High	Low	Close
Jul 22, 2026	$57.47	$57.82	$57.09	$57.50
Jul 21, 2026	$55.54	$56.50	$55.36	$56.50
Jul 20, 2026	$54.21	$55.67	$54.00	$55.19
Jul 17, 2026	$54.65	$55.17	$54.01	$54.86
Jul 16, 2026	$53.91	$54.20	$53.53	$53.65
Jul 15, 2026	$54.56	$54.66	$52.95	$53.77
Jul 14, 2026	$55.00	$55.49	$53.81	$54.57
Jul 13, 2026	$54.09	$55.11	$53.45	$54.81
Jul 10, 2026	$52.53	$53.06	$51.87	$52.89
Jul 9, 2026	$52.87	$52.94	$52.00	$52.30

OXY Frequently Asked Questions

What chart pattern is OXY forming right now?

As of Jul 22, 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.

How reliable is a triangle pattern, and what is its win rate?

Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.

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 Jul 22, 2026?

Occidental Petroleum (OXY) last closed at $57.50 on Jul 22, 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.