Trading Signals: OXY Stock Price Prediction and Forecast

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Wed. May. 13, 2020

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

(Occidental Petroleum Corporation)
OXY latest price $13.4400 (-7.82%) ($13.2800 - $14.6500) on Wed. May. 13, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   10.31% (three month average)
RSI   52
Latest Price   $13.4400(-7.82%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY advances 0.1% a day on average for past five trading days.
Weekly Trend   OXY declines -1.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support OXY advance at 0% a week (0% probability)
OIH(79%)    XOP(78%)    XLE(77%)    IWN(56%)    IWD(53%)
Factors Impacting OXY price   OXY will decline at least -5.155% in a week (0% probabilities).
VIXM(-29%)    TLT(-16%)    UUP(-13%)    VXX(-10%)    BNDX(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -5.155% (StdDev 10.31%)
Hourly BBV -1.7 ()
Intraday Trend -7.7%

Resistance Level   $14.32
5 Day Moving Average   $14.39(-6.6%)
10 Day Moving Average   $14.76(-8.94%)
20 Day Moving Average   $14.32(-6.15%)
To recent high   -68.7%
To recent low   38.7%
Market Cap   $12.341b

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 8.73% (three month std-dev: 10.31%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200613

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	May_13_2020	27.31	14.32	14.76	14.39	14.55	14.26	13.44(-7.82%)	DT	OpenShort	-75	-0.8	-6	-110	-4	-11	35.15	41%	-1.01	-9.6	10.31%	-1.7	-0.7	52	0.1
2	May_12_2020	27.59	14.33	15.09	14.38	14.67	14.97	14.58(-2.99%)	N/A	N/A	0	0.2	0	200	-1	3	27.01	42%	-0.93	-10.8	10.28%	0.1	0.2	62	1.2
3	May_11_2020	27.85	14.34	15.16	14.53	14.45	14.84	15.03(0.07%)	UT	OpenLong	75	0.4	4	170	0	17	22.85	42%	-0.89	-2.4	10.29%	1	0.5	68	2.3
4	May_8_2020	28.1	14.35	15.08	14.63	14.69	14.38	15.02(8.21%)	UT	OpenLong	75	0.3	8	-140	1	27	31.17	41%	-0.85	8	10.21%	1.7	0.5	66	2
5	May_7_2020	28.34	14.36	14.98	14.67	14.79	14.05	13.88(3.58%)	N/A	N/A	0	-0.6	-4	-330	-13	24	35	41%	-0.91	18.2	10.23%	-0.9	-0.4	54	1.4

6	May_6_2020	28.6	14.44	14.98	15.22	15.14	15	13.4(-12.53%)	UD	OpenLong	65	-1.4	2	-80	-13	45	56.99	41%	-0.9	47.9	10.21%	-1.7	-0.8	60	0.8
7	May_5_2020	28.86	14.47	15	15.89	15.79	15.53	15.32(-1.29%)	UD	OpenLong	75	-0.4	18	-130	1	68	49.36	44%	-0.82	73.6	10.11%	-0.2	0.7	59	1.1
8	May_4_2020	29.1	14.37	14.72	15.86	15.88	15.27	15.52(1.84%)	UT	OpenLong	75	-0.3	15	-270	-0	58	37.04	44%	-0.78	83.2	10.13%	-0.5	0.9	53	0.5
9	May_1_2020	29.33	14.25	14.44	15.59	15.85	16.05	15.24(-8.19%)	UD	OpenLong	75	-0.3	13	140	3	43	36.72	44%	-0.81	83.1	10.05%	-1.8	0.8	50	0.4
10	Apr_30_2020	29.57	14.13	14.28	15.3	15.43	16.5	16.6(-1.07%)	UD	OpenLong	75	1	19	510	14	34	44.33	44%	-0.74	75.7	10%	0.8	1.9	54	1.3

11	Apr_29_2020	29.79	13.84	13.83	14.76	14.72	15.65	16.78(10.61%)	UT	OpenLong	75	1.5	17	430	19	9	60.76	44%	-0.73	56.2	10%	1.3	2.1	54	1.7
12	Apr_28_2020	30.01	13.57	13.48	14	14.13	14.39	15.17(7.21%)	N/A	N/A	0	0.9	7	160	13	-12	46.02	41%	-0.76	46.6	9.9%	1.7	1.3	57	1.2
13	Apr_27_2020	30.24	13.37	13.41	13.44	13.63	13.82	14.15(2.46%)	DP	OpenShort	-65	0.5	-2	140	6	-24	39.91	41%	-0.85	37.1	9.85%	1.3	0.6	56	1.4
14	Apr_24_2020	30.5	13.24	13.5	13.13	13.22	13.88	13.81(-0.43%)	DP	OpenShort	-65	0.5	-3	370	4	-23	40.93	41%	-0.81	34.7	9.84%	0.7	0.4	57	0.9
15	Apr_23_2020	30.75	13.19	13.64	13.09	12.94	13.45	13.87(6.53%)	N/A	N/A	0	0.6	5	240	10	-12	54.85	41%	-0.84	41.4	9.84%	1.1	0.5	58	0.4

16	Apr_22_2020	31.01	13.1	13.78	12.76	12.76	12.56	13.02(5.51%)	DP	OpenShort	-75	0.2	-2	-110	-1	-6	44.5	41%	-0.83	39.5	9.79%	1	-0.1	66	0.3
17	Apr_21_2020	31.27	13	13.88	12.87	12.71	12.43	12.34(-1.99%)	CR	SmallShort	-20	-0.4	-9	-190	-12	1	62.36	40%	-0.86	37.9	9.75%	-0.7	-0.4	58	-0.2
18	Apr_20_2020	31.54	12.89	14.01	13.39	13.01	12.95	12.59(-7.63%)	N/A	N/A	0	-0.5	-1	-120	-10	26	74.71	40%	-0.85	37.2	9.75%	-1.2	-0.2	62	0.6
19	Apr_17_2020	31.81	12.79	14.08	13.93	13.61	12.99	13.63(11.72%)	UD	OpenLong	65	-0.2	7	-390	-7	49	51.3	40%	-0.59	33.9	9.8%	1.1	0.5	62	1.2
20	Apr_16_2020	32	12.65	14.01	14.28	14.16	13.08	12.2(-10.36%)	UD	OpenLong	65	-1.2	1	-560	-18	57	39.39	38%	-0.87	36.7	9.66%	-1.3	-0.3	51	1.1

21	Apr_15_2020	32.28	12.58	13.92	14.95	15	14.25	13.61(-8.66%)	UD	OpenLong	65	-0.7	15	-340	-7	79	47.33	39%	-0.8	44.1	9.59%	-1.1	0.6	60	1.1
22	Apr_14_2020	32.54	12.47	13.74	15	15.35	15.24	14.9(-2.8%)	UD	OpenLong	75	-0.1	25	20	2	92	40.48	39%	-0.82	37.1	9.55%	-1	1.3	71	1.5
23	Apr_13_2020	32.81	12.31	13.37	14.71	15.15	15.75	15.33(-0.2%)	UD	OpenLong	75	0.4	32	370	10	98	43.3	39%	-0.97	33	9.55%	-0.2	1.8	76	1.2
24	Apr_9_2020	33.13	12.23	12.98	14.24	14.58	15.46	15.36(-1.29%)	UD	OpenLong	75	0.7	36	490	16	97	109.66	39%	-0.72	-9.2	9.48%	0	2	71	0.9
25	Apr_8_2020	33.37	12.04	12.7	13.72	13.7	14.54	15.56(12.43%)	UT	OpenLong	75	1.3	41	420	22	97	48.36	39%		-75.4	9.49%	1.7	2.5	68	0.9
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

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