Trading Signals: OXY Stock Price Prediction and Forecast

^ OXY: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Feb. 10, 2020

Trading Signals: OXY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Dec. 22, 2023)

(Occidental Petroleum Corporation)
OXY latest price $40.5000 (-3.32%) ($40.1800 - $41.5600) on Mon. Feb. 10, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.8% (three month average)
RSI   28
Latest Price   $40.5000(-3.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY advances 0.2% a day on average for past five trading days.
Weekly Trend   OXY declines -1.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support OXY advance at 0% a week (0% probability)
XOP(82%)    OIH(81%)    XLE(79%)    IWN(60%)    IWD(58%)
Factors Impacting OXY price   OXY will decline at least -0.9% in a week (0% probabilities).
VIXM(-37%)    TLT(-22%)    VXX(-16%)    SHY(-11%)    BNDX(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.9% (StdDev 1.8%)
Hourly BBV -1.8 ()
Intraday Trend -2.4%

Inflection Point   Yes
Resistance Level   $42.69
5 Day Moving Average   $41.43(-2.24%)
10 Day Moving Average   $40.94(-1.07%)
20 Day Moving Average   $42.69(-5.13%)
To recent high   -14.3%
To recent low   8.5%
Market Cap   $37.187b

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil & Gas, Chemical and Midstream & Marketing. The Oil & Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream & Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide and power. It also trades around its assets, including transportation and storage capacity. The company was founded in 1920 and is headquartered in Houston, TX.

$. OXY price fluctuates within 5.86% (three month std-dev: 1.8%) daily (68% of days).

Sample size 10 Average positive next day return: 1.62%(30%) Average negative next day return: -3.31%(70%) Sample size 10 Average positive next three day return: 3%(40%) Average negative next three day return: -5.78%(60%) Sample size 10 Average positive next weekly return: 2.95%(40%) Average negative next weekly return: -7.8%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200310

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_10_2020	41.28	42.69	40.94	41.43	41.67	41.24	40.5(-3.32%)	DT	OpenShort	-75	-0.4	-27	-50	-19	-51	7.91	41%	-0.12	-37.9	1.8%	-1.8	-0.9	28	0.2
2	Feb_7_2020	41.33	42.95	41.02	41.34	41.71	41.99	41.89(-0.55%)	DP	OpenShort	-65	0.2	-7	70	16	-75	4.99	48%	-0.1	-34.8	1.77%	-0.5	-0.4	26	-0.1
3	Feb_6_2020	41.37	43.12	41.03	40.91	41.29	42.09	42.12(0%)	DP	OpenShort	-65	0.5	-2	160	37	-118	6.19	43%	-0.07	-34.7	1.78%	0.9	-0.4	24	0.2
4	Feb_5_2020	41.4	43.26	41.04	40.6	40.71	41.43	42.12(4%)	DP	OpenShort	-65	0.6	-7	130	41	-151	8.33	39%	-0.07	-31.8	1.92%	1.2	-0.4	23	0.1
5	Feb_4_2020	41.43	43.42	41.12	40.27	40.19	40.49	40.5(1.05%)	DT	HoldShort	-50	0.1	-43	50	9	-199	7.38	39%	-0.19	-27.7	1.96%	0.6	-1.1	10	-0.7

6	Feb_3_2020	41.51	43.65	41.48	40.41	40.17	40	40.08(0.91%)	DP	OpenShort	-75	-0.1	-58	-50	-8	-207	8.56	39%	-0.12	-18.8	2.05%	0.9	-1.4	14	-1.4
7	Jan_31_2020	41.56	43.85	42.03	40.64	40.47	39.9	39.72(-2.14%)	DT	HoldShort	-65	-0.4	-71	-110	-27	-202	16.03	44%	-0.14	-11	2.12%	-0.9	-1.8	17	-2.4
8	Jan_30_2020	41.62	44.03	42.71	41.14	40.8	40.35	40.59(0.3%)	DP	OpenShort	-75	-0.3	-71	-100	-33	-183	9.5	43%	-0.14	-0.2	2.12%	-0.4	-1.6	25	-0.4
9	Jan_29_2020	41.68	44.1	43.36	41.53	41.36	41.03	40.47(-1.77%)	DT	OpenShort	-75	-0.5	-57	-70	-24	-154	6.58	43%	-0.14	8.5	2.14%	-2.1	-1.8	28	-0.7
10	Jan_28_2020	41.74	44.15	44.04	42.09	41.8	41.26	41.2(-0.1%)	DT	OpenShort	-75	-0.4	-56	-110	-31	-130	7.04	43%	-0.1	20.7	2.13%	-0.4	-1.5	29	-0.7

11	Jan_27_2020	41.78	44.13	44.59	42.72	42.3	41.68	41.24(-2.32%)	DT	OpenShort	-75	-0.7	-64	-130	-49	-109	9.28	43%	-0.1	32.5	2.13%	-1.2	-1.4	31	-1.9
12	Jan_24_2020	41.82	44.11	45.08	43.64	43.24	42.34	42.22(-0.71%)	DT	OpenShort	-75	-0.7	-50	-170	-45	-66	8.77	45%	-0.07	47	2.11%	-0.8	-0.9	47	0
13	Jan_23_2020	41.85	44.03	45.43	44.53	44.1	42.93	42.52(-1.78%)	DT	OpenShort	-75	-0.9	-56	-210	-65	-28	10.77	45%	-0.02	59.2	2.11%	-0.9	-0.7	55	1.2
14	Jan_22_2020	41.86	43.92	45.72	45.47	45.26	44.13	43.29(-2.32%)	CR	SmallShort	-20	-0.9	-38	-190	-60	29	12.95	48%	0.02	74	2.11%	-0.2	-0.3	66	1.1
15	Jan_21_2020	41.85	43.73	45.95	46.26	46.26	45.39	44.32(-3.29%)	N/A	N/A	0	-0.8	-9	-130	-43	92	10.81	50%	0.02	81.4	2.13%	0.1	0.2	73	1.4

16	Jan_17_2020	41.84	43.47	46.05	46.71	46.85	46.49	45.83(-1.8%)	UD	OpenLong	65	-0.3	28	-40	-15	157	14.25	53%	0.05	78.4	2.07%	0.1	0.8	85	1.9
17	Jan_16_2020	41.82	43.13	45.86	46.73	46.9	47.06	46.67(-1.25%)	TP	CloseLong	-10	-0	53	30	6	193	9.74	53%	0.1	77.8	2.06%	-2.2	1.2	91	2.2
18	Jan_15_2020	41.78	42.71	45.47	46.47	46.64	47.19	47.26(0.04%)	UT	HoldLong	65	0.3	77	90	30	217	7.08	53%	0.12	76.4	2.05%	0.8	1.5	97	2
19	Jan_14_2020	41.73	42.26	44.88	46.01	46.02	46.74	47.24(1.44%)	UT	HoldLong	65	0.4	79	110	33	217	12.19	53%	0.12	75.3	2.05%	1.3	1.7	97	2.3
20	Jan_13_2020	41.68	41.78	44.24	45.62	45.46	46.08	46.57(1.46%)	UT	HoldLong	65	0.3	78	80	31	218	8.43	53%	0.1	72.8	2.06%	1.2	1.7	97	2.5

21	Jan_10_2020	41.64	41.35	43.61	45.31	45.09	45.3	45.9(1.17%)	UT	HoldLong	65	0.2	74	20	25	222	10.54	53%	0.05	73.6	2.05%	1.4	1.6	97	1.4
22	Jan_9_2020	41.62	40.92	43.04	44.86	44.84	44.84	45.37(0.87%)	UT	HoldLong	65	0.2	66	-0	16	217	14.56	53%	0	71.3	2.05%	1.5	1.7	97	1.4
23	Jan_8_2020	41.62	40.52	42.49	44.3	44.53	44.88	44.98(-0.64%)	UD	OpenLong	75	0.3	74	70	27	216	12.19	50%	0	67.9	2.05%	0.7	1.8	97	0.7
24	Jan_7_2020	41.62	40.13	41.96	43.54	43.89	44.85	45.27(0.49%)	UT	OpenLong	75	0.7	90	180	51	206	12.09	50%	-0.02	60.6	2.09%	1.2	2.2	0	0.6
25	Jan_6_2020	41.63	39.79	41.32	42.63	42.9	44.18	45.05(3.3%)	UT	OpenLong	75	1.2	96	230	66	186	16.38	50%		57	2.11%	1.4	2.5	0	0.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.