Occidental Petroleum Corporation's stock (OXY) rose in the intraday levels, marking a cautious profit of 0.22% in the last session, or 13 cents, and settling at 58.94, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels compared to the stock's movements, hinting at negative divergence. 

Therefore we expect the stock to return lower, targeting the pivotal support of 56.83, provided the resistance of 62.94 holds on.

Expected trend for today: Bearish