- OXY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $357.9 million.
- OXY has traded 812,529 shares today.
- OXY is trading at 1.89 times the normal volume for the stock at this time of day.
- OXY crossed below its 200-day simple moving average.
'Roof Leaker' stocks are worth watching because trading stocks that begin to experience a breakdown can lead to potentially massive losses. Once psychological and technical resistance barriers like the 200-day moving average are breached on higher than normal relative volume, the stock may then be subject to emotional selling from investors that can continue to drive the stock lower. Regardless of the impetus behind the price and volume action, when a stock moves with weakness and volume it can indicate the start of a new, potentially dangerous, trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in OXY with the Ticky from Trade-Ideas. See the FREE profile for OXY NOW at Trade-Ideas More details on OXY: Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other. The stock currently has a dividend yield of 3%. OXY has a PE ratio of 12.7. Currently there are 10 analysts that rate Occidental Petroleum a buy, no analysts rate it a sell, and 9 rate it a hold.