Is OXY Worth Buying in 2026?

Occidental Petroleum Corporation

STOCK CRUDE PETROLEUM & NATURAL GAS Updated 2026-06-14

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 42 — healthy momentum range; strong 1-year return of +26.3%. Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-1.72% over 10 days). Currently 16.2% off its 52-week high. Score: +2/7.

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OXY is holding above its long-term 200-day MA ($49.06) but has slipped below the 50-day MA ($57.82), pointing to short-term weakness in an otherwise intact trend. An RSI of 41.6 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +26.3% compares to +22.9% for SPY (beat the market by 3.5%).

$10,000 invested 1 year ago → $12,632 today
vs. S&P 500 (SPY) — same period beat market by 3.5%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($49.06)
Above 50-day MA ($57.82)
RSI(14) neutral zone (30–70) — currently 41.6
Positive return (+26.3%)
!Within 10% of period high (−16.2%)
Period Range $56.54
$38.80 $67.45
RSI (14) 41.6
0 · OversoldOverbought · 100

Key Metrics

Price$56.54
Period Return+26.3%
Period High$67.45
Period Low$38.80
Drawdown−16.2%
MA-50$57.82
MA-200$49.06
RSI (14)41.6
Avg Volume (30d)11.6M
vs. SPYbeat by 3.5%
Return Rank#487 of 1246

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