Is OXY Worth Buying in 2026?

Occidental Petroleum Corporation

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-07-26

Here’s whether Occidental Petroleum Corporation (OXY) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.

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Neutral

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); strong 1-year return of +28.4%. Concerns: 50-day MA is falling (-0.63% over 10 days); RSI 80 — overbought, elevated pullback risk. Currently 15.1% off its 52-week high. Score: +2/7.

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OXY is in a confirmed uptrend, trading above both its 50-day ($55.07) and 200-day ($49.94) moving averages. With an RSI of 80.3, momentum has stretched into overbought territory — short-term pullbacks are common from these levels. The 1-year return of +28.4% compares to +16.5% for SPY (beat the market by 11.9%).

$10,000 invested 1 year ago → $12,839 today
vs. S&P 500 (SPY) — same period beat market by 11.9%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($49.94)
Above 50-day MA ($55.07)
!RSI(14) neutral zone (30–70) — currently 80.3
Positive return (+28.4%)
!Within 10% of period high (−15.1%)
Period Range $57.30
$38.80 $67.45
RSI (14) 80.3
0 · OversoldOverbought · 100

Key Metrics

Price$57.30
Period Return+28.4%
Period High$67.45
Period Low$38.80
Drawdown−15.1%
MA-50$55.07
MA-200$49.94
RSI (14)80.3
Avg Volume (30d)9.7M
vs. SPYbeat by 11.9%
Return Rank#311 of 999

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