Is OXY Worth Buying in 2026?

Occidental Petroleum Corporation

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-06-07

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); RSI 39 — healthy momentum range; strong 1-year return of +36.1%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-0.44% over 10 days). Currently 15.6% off its 52-week high. Score: +2/7.

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OXY is holding above its long-term 200-day MA ($48.78) but has slipped below the 50-day MA ($58.62), pointing to short-term weakness in an otherwise intact trend. An RSI of 38.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +36.1% compares to +24.4% for SPY (beat the market by 11.8%).

$10,000 invested 1 year ago → $13,613 today
vs. S&P 500 (SPY) — same period beat market by 11.8%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($48.78)
Above 50-day MA ($58.62)
RSI(14) neutral zone (30–70) — currently 38.5
Positive return (+36.1%)
!Within 10% of period high (−15.6%)
Period Range $56.93
$38.80 $67.45
RSI (14) 38.5
0 · OversoldOverbought · 100

Key Metrics

Price$56.93
Period Return+36.1%
Period High$67.45
Period Low$38.80
Drawdown−15.6%
MA-50$58.62
MA-200$48.78
RSI (14)38.5
Avg Volume (30d)11.7M
vs. SPYbeat by 11.8%
Return Rank#424 of 1245

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