Trading Signals: OXY Stock Price Prediction and Forecast

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Wed. Mar. 17, 2021

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

(Occidental Petroleum Corporation)
OXY latest price $29.0400 (3.09%) ($27.9400 - $29.1300) on Wed. Mar. 17, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.45% (three month average)
RSI   62
Latest Price   $29.0400(3.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY declines -0.2% a day on average for past five trading days.
Weekly Trend   OXY advances 3.4% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support OXY advance at 0% a week (0% probability)
OIH(73%)    XOP(70%)    XLE(69%)    USO(49%)    XME(45%)
Factors Impacting OXY price   OXY will decline at least -2.225% in a week (0% probabilities).
VIXM(-20%)    UUP(-14%)    TLT(-12%)    VXX(-7%)    SHY(-5%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.225% (StdDev 4.45%)
Hourly BBV 0.4 ()
Intraday Trend 3.5%

Inflection Point   Yes
5 Day Moving Average   $29.62(-1.96%)
10 Day Moving Average   $29.68(-2.16%)
20 Day Moving Average   $28.38(2.33%)
To recent high   -7%
To recent low   71.6%
Market Cap   $26.665b

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 6.1% (three month std-dev: 4.45%) daily (68% of days).

Sample size 13 Average positive next day return: 2.25%(69%) Average negative next day return: -2.02%(31%) Sample size 13 Average positive next three day return: 4.21%(54%) Average negative next three day return: -5.26%(46%) Sample size 13 Average positive next weekly return: 6.82%(62%) Average negative next weekly return: -8.95%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210417

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	Mar_17_2021	20.2	28.38	29.68	29.62	29.35	28.5	29.04(3.09%)	UD	OpenLong	65	-0.3	2	-230	-11	41	16.17	67%	1.05	56.1	4.45%	0.4	0.4	62	2.1
2	Mar_16_2021	19.99	28.27	29.68	29.69	29.87	29.03	28.17(-3.86%)	N/A	N/A	0	-0.9	-1	-180	-16	44	16.81	67%	0.96	62.4	4.45%	-1.1	-0.1	52	1.9
3	Mar_15_2021	19.8	28.19	29.66	29.78	30.03	30.2	29.3(-4.34%)	UD	OpenLong	65	-0.3	11	60	-6	60	19.44	67%	1.02	66	4.43%	-1.4	0.6	64	2.4
4	Mar_12_2021	19.6	28	29.52	29.88	29.87	30.72	30.63(-1.13%)	UD	OpenLong	75	0.4	25	200	8	75	16.02	62%	1.14	73.4	4.5%	0.2	1.4	66	1.8
5	Mar_11_2021	19.38	27.72	29.13	30	29.85	29.86	30.98(5.52%)	UT	OpenLong	75	0.5	30	-10	11	87	21.87	62%	1.15	83.3	4.54%	1.2	1.7	70	1.5

6	Mar_10_2021	19.16	27.44	28.7	29.78	30.02	29.02	29.36(2.48%)	UD	OpenLong	65	-0.2	15	-210	-8	84	24.08	63%	1.05	97.2	4.51%	0	1.1	68	1.2
7	Mar_9_2021	18.96	27.21	28.58	29.64	30.13	29.83	28.65(-3.76%)	UD	OpenLong	65	-0.6	14	-20	-10	85	23.78	63%	1.07	105.5	4.65%	-1.4	0.8	58	1.2
8	Mar_8_2021	18.76	27.05	28.34	29.48	30.03	31.02	29.77(-4.67%)	UD	OpenLong	75	0.2	37	290	18	93	22.63	63%	1.08	118.5	4.62%	-0.7	1.5	63	0.4
9	Mar_5_2021	18.56	26.7	28.01	29.05	29.3	30.42	31.23(4.45%)	UT	OpenLong	75	1.2	51	290	36	97	41.97	66%	1.2	112	4.57%	1.1	2.4	72	0.6
10	Mar_4_2021	18.34	26.25	27.42	28.13	28.36	29.03	29.9(4.33%)	UT	OpenLong	75	1	37	190	25	71	39.24	69%	1.1	106.4	4.59%	1.5	2	71	-0.4

11	Mar_3_2021	18.14	25.85	26.95	27.5	27.55	28.18	28.66(3.02%)	UT	OpenLong	75	0.6	17	170	8	44	20.33	69%	1.06	101.4	4.84%	1.3	1.6	64	0.3
12	Mar_2_2021	17.95	25.46	26.73	27.4	27.29	27.69	27.82(0.65%)	UT	OpenLong	75	0.2	24	90	14	54	16.5	69%	0.96	92.5	4.84%	0.6	1.2	65	1
13	Mar_1_2021	17.78	25.1	26.59	27.04	27.16	26.92	27.64(3.87%)	UT	OpenLong	75	0.3	16	-50	6	47	15.85	69%	1.02	77.6	4.87%	0.7	1.2	60	1
14	Feb_26_2021	17.6	24.74	26.36	26.81	26.73	26.89	26.61(-0.52%)	UD	OpenLong	65	-0.1	11	30	-2	51	21.56	69%	0.92	67	4.88%	-0.7	0.8	68	0.5
15	Feb_25_2021	17.44	24.46	26.21	26.57	26.77	27.39	26.75(-5.01%)	UD	OpenLong	75	0.1	28	180	16	65	21.08	69%	0.98	60.9	4.92%	-0.3	1	69	0.2

16	Feb_24_2021	17.27	24.16	26.09	26.28	26.25	26.57	28.16(8.06%)	UT	HoldLong	65	0.8	27	80	11	73	27.69	74%	1.11	51.5	4.86%	1.4	1.6	76	1.4
17	Feb_23_2021	17.08	23.76	25.73	25.99	25.91	26.15	26.06(-1.55%)	UD	OpenLong	75	0	21	60	-0	83	22.49	75%	0.95	44.4	4.83%	0.2	1	76	1.3
18	Feb_22_2021	16.92	23.53	25.66	26.07	26.1	25.92	26.47(4.13%)	UT	HoldLong	65	0.2	31	-40	5	107	22.52	75%	1.08	44.7	5.22%	0.6	1.2	79	1.1
19	Feb_19_2021	16.74	23.28	25.29	25.86	26.12	25.67	25.42(0.55%)	UD	OpenLong	65	-0.2	25	-90	-4	113	14.87	75%	0.97	38	5.21%	-0.9	0.9	78	1.5
20	Feb_18_2021	16.58	23.08	25.01	25.77	26.04	26.28	25.28(-5.42%)	UD	OpenLong	65	-0.2	29	100	-2	123	15.08	75%	0.97	36.2	5.22%	-2.4	1	71	1.3

21	Feb_17_2021	16.42	22.95	24.71	25.83	25.8	26.57	26.73(1.02%)	UT	HoldLong	65	0.4	49	210	16	146	15.08	79%	1.05	39.2	5.15%	1	1.7	79	1.4
22	Feb_16_2021	16.25	22.74	24.12	25.42	25.45	25.79	26.46(4.21%)	UT	HoldLong	65	0.5	45	100	13	140	19.17	80%	1.44	44.3	5.15%	1.4	1.9	79	1.2
23	Feb_12_2021	16.02	22.52	23.52	25.21	25	25.03	25.39(1.64%)	UT	OpenLong	75	0.1	40	-20	9	132	12.34	77%	0.95	52.6	5.17%	0.6	1.6	67	1.5
24	Feb_11_2021	15.87	22.43	23	24.65	24.78	25.11	24.98(-2.42%)	UD	OpenLong	75	0.2	38	110	13	111	15.16	77%	0.95	56	5.24%	-0.4	1.5	66	1.3
25	Feb_10_2021	15.72	22.29	22.59	24.11	24.21	24.96	25.6(3.85%)	UT	OpenLong	75	0.9	40	230	21	97	22.28	77%		57.2	5.26%	1.1	2	69	1
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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