The Relative Strength (RS) Rating for Occidental Petroleum stock entered a new percentile Thursday, with an increase from 75 to 81.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This proprietary rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves.
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Is Occidental Petroleum Stock A Buy?
Occidental Petroleum stock is building a consolidation with a 76.11 entry. See if the stock can clear the breakout price in heavy trade.
The oil & gas company reported negative growth for both the top and bottom lines last quarter.
Occidental Petroleum stock holds the No. 9 rank among its peers in the Oil & Gas-International Exploration & Production industry group. Murphy Oil and Ovintiv are also among the group's highest-rated stocks.
