Trading Signals: OXY Stock Price Prediction and Forecast

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Fri. Oct. 8, 2021

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

(Occidental Petroleum Corporation)
OXY latest price $33.6300 (3.54%) ($32.9800 - $33.9810) on Fri. Oct. 8, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.49% (three month average)
RSI   75
Latest Price   $33.6300(3.54%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY advances 1.6% a day on average for past five trading days.
Weekly Trend   OXY advances 10.4% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support OXY advance at 0% a week (0% probability)
OIH(71%)    XLE(63%)    XOP(62%)    USO(46%)    IWD(43%)
Factors Impacting OXY price   OXY will decline at least -1.745% in a week (0% probabilities).
VIXM(-18%)    UUP(-13%)    TLT(-9%)    IGOV(-6%)    SHY(-5%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.745% (StdDev 3.49%)
Hourly BBV 1.4 ()
Intraday Trend 1.3%

5 Day Moving Average   $32.54(3.35%)
10 Day Moving Average   $31.43(7%)
20 Day Moving Average   $29.12(15.49%)
To recent high   0%
To recent low   53.2%
Market Cap   $30.879b

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 9.13% (three month std-dev: 3.49%) daily (68% of days).

Sample size 50 Average positive next day return: 3.45%(48%) Average negative next day return: -2.36%(52%) Sample size 50 Average positive next three day return: 6.26%(48%) Average negative next three day return: -4.68%(52%) Sample size 50 Average positive next weekly return: 7.63%(42%) Average negative next weekly return: -5.34%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Oct_8_2021	27.62	29.12	31.43	32.54	32.54	32.79	33.63(3.54%)	UT	OpenLong	75	0.4	64	50	23	188	20.13	66%	0.33	71.5	3.49%	1.4	1.7	75	1.9
2	Oct_7_2021	27.53	28.69	30.88	32.04	32.14	32.03	32.48(1.5%)	UT	OpenLong	75	0.2	52	-10	10	178	21.82	65%	0.25	69.1	3.47%	1.1	1.5	71	1.4
3	Oct_6_2021	27.46	28.31	30.33	31.46	31.73	32.3	32(-2.35%)	UD	OpenLong	75	0.2	49	150	13	157	22.31	61%	0.22	62.5	3.49%	-0.6	1.5	66	0.7
4	Oct_5_2021	27.4	27.98	29.7	31.07	31.17	32.25	32.77(3.02%)	UT	OpenLong	75	0.7	61	250	32	148	27.48	61%	0.26	61.9	3.57%	1.2	2	74	0.5
5	Oct_4_2021	27.33	27.62	28.97	30.49	30.52	31.15	31.81(2.12%)	UT	OpenLong	75	0.6	49	150	24	123	25.33	61%	0.26	61.7	3.58%	0.9	1.9	70	-0.2

6	Oct_1_2021	27.26	27.34	28.47	30.17	30.12	30.08	31.15(5.31%)	UT	OpenLong	75	0.5	43	-10	16	124	19.59	63%	0.29	70.6	3.57%	1.7	1.9	73	-0
7	Sep_30_2021	27.18	27.02	28.06	29.56	29.91	29.88	29.58(-1.5%)	UD	OpenLong	75	0	38	30	11	117	19.08	61%	0.15	70.8	3.57%	-0.6	1.5	70	-0.8
8	Sep_29_2021	27.14	26.82	27.87	28.99	29.48	30.16	30.03(0.43%)	UT	OpenLong	75	0.6	53	210	29	125	16.28	61%	0.22	67.9	3.56%	0.5	1.9	73	-1.1
9	Sep_28_2021	27.08	26.57	27.49	28.07	28.62	29.94	29.9(-0.96%)	UD	OpenLong	75	1.2	59	380	44	103	29.15	59%	0.11	63.7	3.56%	0.6	2.2	67	-1.1
10	Sep_27_2021	27.05	26.34	27.14	27.19	27.46	28.8	30.19(7.44%)	UT	OpenLong	75	2.3	51	370	43	76	26.28	59%	0.11	67.1	3.62%	1.4	2.9	66	1.3

11	Sep_24_2021	27.02	26.02	26.6	26.54	26.43	27.29	28.1(5.05%)	UT	OpenLong	75	1.6	25	220	21	37	13.47	57%	0.07	83.6	3.52%	0	2.2	56	1.8
12	Sep_22_2021	27	25.84	26.29	26.39	26.25	26.13	26.75(5.19%)	UT	OpenLong	75	0.4	8	-50	2	25	21.54	55%	0.04	85.6	3.48%	1.5	1	59	-0.6
13	Sep_21_2021	26.99	25.73	26.12	26.61	26.45	25.56	25.43(-0.2%)	N/A	N/A	0	-1.2	-10	-250	-20	21	12.79	55%	-0.04	92.4	3.42%	-0.2	-0.3	51	-2.3
14	Sep_20_2021	27	25.64	26.15	26.78	26.93	26.36	25.48(-5.42%)	N/A	N/A	0	-1.2	-9	-130	-22	30	20.44	55%	0	83.1	3.49%	-1.5	-0.1	53	-1.6
15	Sep_17_2021	27	25.49	26.21	27.02	27.24	27.33	26.94(-1.43%)	UD	OpenLong	75	-0.1	20	50	9	54	25.21	54%	0.04	59.2	3.42%	-1.5	1.1	57	0.2

16	Sep_16_2021	26.99	25.25	26.16	26.62	26.95	27.49	27.33(-1.97%)	UD	OpenLong	75	0.5	29	180	19	59	13.23	56%	0.04	31.7	3.55%	0.4	1.4	67	1.3
17	Sep_15_2021	26.98	25.05	25.93	26.17	26.42	27.15	27.88(6.09%)	UT	OpenLong	75	1.2	33	220	28	49	25.18	56%	0.11	13.2	3.59%	1.4	2	65	1.3
18	Sep_14_2021	26.95	24.85	25.69	25.58	25.77	26.42	26.28(-1.39%)	UD	OpenLong	75	0.5	20	200	16	31	16.26	53%	0.04	-5.8	3.53%	0	1.1	61	0.7
19	Sep_13_2021	26.94	24.77	25.58	25.45	25.46	25.7	26.65(6.69%)	UT	OpenLong	75	1	18	70	12	37	21.94	53%	0.11	-11.8	3.52%	1.5	1.5	67	0.9
20	Sep_10_2021	26.91	24.71	25.47	25.31	25.39	25.13	24.98(-0.36%)	UD	OpenLong	65	-0.3	4	-60	-11	47	10.59	50%	0	-18	3.42%	-0.3	0.2	69	0.4

21	Sep_9_2021	26.91	24.79	25.39	25.31	25.63	25.22	25.07(0.64%)	UD	OpenLong	65	-0.4	12	-110	-9	76	12.89	50%	0.04	-7.8	3.42%	-0.8	0.2	68	1
22	Sep_8_2021	26.9	24.87	25.36	25.63	25.92	25.65	24.91(-2.92%)	UD	OpenLong	65	-0.5	15	-40	-9	86	12.65	50%	0.07	-3.7	3.44%	-1.5	0	58	1.2
23	Sep_7_2021	26.88	24.93	25.32	25.79	25.89	26.04	25.66(-1%)	UD	OpenLong	75	-0.1	25	50	0	101	11.25	50%	0.11	-1.1	3.42%	-1.2	0.5	57	1.1
24	Sep_3_2021	26.85	24.92	25.11	25.7	25.84	26.19	25.92(-2.48%)	UD	OpenLong	75	0.2	31	110	9	96	13.45	50%	0.07	-3.4	3.39%	-0.2	0.7	54	1.6
25	Sep_2_2021	26.83	24.93	24.74	25.65	25.67	25.74	26.58(5.98%)	UT	OpenLong	75	0.7	32	20	18	74	21.1	50%		-3.6	3.38%	1.3	1.2	52	1.6
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

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