Chart pattern

OXY chart pattern — Occidental Petroleum

2 formations detected on the latest close (Nov 06, 2026).

Head and Shoulders · Daily candles

BearishForming
OXY Head and Shoulders on daily chart
Last close$56.38
Trigger$56.61 (+0.4%)
Pattern spanSep 24, 2026 → 31 bars
Touches5
Fit score86/100

Three peaks with the middle one highest — the best known topping pattern there is. Trigger: A close below the neckline. A right shoulder alone is not a signal. Invalidation: A close above the right shoulder before the neckline breaks, and above the head at any point.

Triple Bottom · Weekly candles

BullishForming
OXY Triple Bottom on weekly chart
Last close$56.38
Trigger$65.44 (+16.1%)
Pattern spanAug 07, 2026 → 13 bars
Touches5
Fit score82/100

Three successful defences of the same low — a base with more proof behind it than a double bottom. Trigger: A close above the neckline drawn through the intervening highs. Invalidation: A close below the three lows. A floor that fails on the third test usually fails badly.

Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.