Trading Signals: OXY Stock Price Prediction and Forecast

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Wed. Mar. 9, 2022

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

(Occidental Petroleum Corporation)
OXY latest price $57.5000 (5.31%) ($51.0300 - $58.5800) on Wed. Mar. 9, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.07% (three month average)
RSI   85
Latest Price   $57.5000(5.31%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY advances 3.5% a day on average for past five trading days.
Weekly Trend   OXY advances 18.8% a week on average for past two weeks.
Market Behavior   Broad based 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(68%)    XLE(58%)    XOP(56%)    IWD(44%)    USO(43%)
Factors Impacting OXY price   OXY will decline at least -2.035% in a week (0% probabilities).
VIXM(-16%)    UUP(-14%)    SHY(-5%)    TLT(-4%)    VXX(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.035% (StdDev 4.07%)
Hourly BBV 1.4 ()
Intraday Trend 11.8%

5 Day Moving Average   $54.28(5.93%)
10 Day Moving Average   $49.19(16.89%)
20 Day Moving Average   $44.78(28.41%)
To recent high   0%
To recent low   113.1%
Market Cap   $52.797b

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 14.38% (three month std-dev: 4.07%) daily (68% of days).

Sample size 2 Average positive next day return: 7.87%(50%) Average negative next day return: -0.36%(50%) Sample size 2 Average positive next three day return: 5.4%(50%) Average negative next three day return: -0.83%(50%) Sample size 2 Average positive next weekly return: 2%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220409

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_9_2022	35.15	44.78	49.19	54.28	54.61	55.04	57.5(5.31%)	UT	HoldLong	65	0.5	86	70	20	284	134.51	77%	0.72	64.3	4.07%	1.4	2	85	-0.8
2	Mar_8_2022	34.9	43.82	47.31	52.45	52.92	55.79	54.6(-1.41%)	UD	OpenLong	75	0.4	103	410	48	268	80.96	75%	0.63	62.2	4.05%	-0	1.9	82	-1.2
3	Mar_7_2022	34.68	43.09	45.67	50.89	51.18	54.19	55.38(-1.37%)	UD	OpenLong	75	0.9	135	430	95	254	81.19	76%	0.73	63.4	4.04%	0.9	2.4	78	-1.6
4	Mar_4_2022	34.43	42.3	44.02	48.56	48.57	50.04	56.15(17.59%)	UT	OpenLong	75	1.7	111	210	83	195	101.48	76%	0.73	63.4	4.02%	2.4	3.2	72	-1.2
5	Mar_3_2022	34.18	41.42	42.28	45.08	45.76	48.17	47.75(-1.28%)	UD	OpenLong	75	0.9	75	410	58	127	43.64	72%	0.47	62.5	3.45%	0.2	2.1	67	-0.8

6	Mar_2_2022	34.02	40.99	41.43	43.31	43.6	47.09	48.37(3.38%)	UT	OpenLong	75	2	102	580	102	100	51.19	72%	0.44	56.5	3.46%	1.1	2.8	70	-1
7	Mar_1_2022	33.87	40.5	40.5	41.37	41.24	43.35	46.79(7%)	UT	OpenLong	75	2.8	78	350	87	50	68.87	72%	0.42	52.5	3.45%	1.3	3.2	70	-1.8
8	Feb_28_2022	33.73	40.02	39.86	39.68	39.5	40.1	43.73(12.88%)	N/A	N/A	0	2.8	20	90	31	-13	49.99	70%	0.33	50.1	3.34%	1.8	2.6	57	-1
9	Feb_25_2022	33.62	39.7	39.71	38.85	39.13	39.13	38.74(-0.46%)	DT	OpenShort	-75	-0.1	-11	20	-1	-41	29.75	61%	0.18	53.5	3.09%	-0.2	-0.8	42	-0.7
10	Feb_24_2022	33.56	39.65	39.91	39.07	39.2	38.91	38.92(0.59%)	DP	OpenShort	-75	-0.1	-15	-40	-8	-36	32.07	61%	0.21	63	3.11%	0.1	-0.5	47	-1.1

11	Feb_23_2022	33.49	39.57	40.05	39.22	39.4	39.13	38.69(0.97%)	DP	OpenShort	-75	-0.4	-18	-30	-13	-31	15.34	63%	0.18	66.2	3.11%	-0.8	-0.6	48	-1.5
12	Feb_22_2022	33.43	39.5	40.15	39.45	39.74	39.5	38.32(-3.13%)	DT	OpenShort	-75	-0.7	-15	-20	-12	-24	20.74	63%	0.27	68.6	3.2%	-1.6	-0.8	49	-0.8
13	Feb_18_2022	33.34	39.32	40.43	40.03	39.78	39.66	39.56(-0.75%)	N/A	N/A	0	-0.2	-16	-40	-21	0	14.44	60%	0.3	53.1	3.24%	-0.8	0.1	61	-1.1
14	Feb_17_2022	33.24	39.05	40.56	40.71	40.37	39.98	39.86(0.53%)	UD	OpenLong	65	-0.4	5	-90	-6	38	15.1	58%	0.33	58.1	3.23%	-0.5	0.3	63	-1
15	Feb_16_2022	33.13	38.82	40.59	40.88	40.91	39.9	39.65(-0.5%)	UD	OpenLong	65	-0.5	1	-170	-16	51	18.25	58%	0.27	59.6	3.27%	-0.9	0.3	63	0.3

16	Feb_15_2022	33.04	38.64	40.6	41.01	41.04	40.77	39.85(-3.35%)	UD	OpenLong	65	-0.5	4	-40	-17	67	23.59	58%	0.3	63	3.27%	-1.2	0.5	65	-0.1
17	Feb_14_2022	32.94	38.46	40.57	40.91	41.17	41.92	41.23(-4.07%)	UD	OpenLong	75	0.1	33	150	14	90	21.47	60%	0.43	68.5	3.24%	-0.6	1.1	73	-1
18	Feb_11_2022	32.8	38.17	40.23	40.86	40.7	41.32	42.98(5.65%)	UT	HoldLong	65	0.8	47	90	24	114	24.39	63%	0.31	73.9	3.18%	2.1	1.9	89	-1
19	Feb_10_2022	32.7	37.72	39.68	40.43	40.38	40.41	40.68(0.94%)	UT	HoldLong	65	0.1	35	0	7	119	17.75	57%	0.46	76.4	3.12%	0.4	1.2	87	0.1
20	Feb_9_2022	32.55	37.42	39.35	40.29	40.46	40.09	40.3(2.41%)	UD	OpenLong	65	0	30	-50	-1	124	16.4	57%	0.46	83	3.21%	-0.1	1.2	75	0.6

21	Feb_8_2022	32.4	37.13	39.04	40.15	40.34	40.34	39.35(-4.02%)	UD	OpenLong	65	-0.3	28	10	-6	128	20.28	57%	0.43	86.5	3.21%	-1.6	1	67	0.5
22	Feb_7_2022	32.26	36.8	38.8	40.14	40.15	40.83	41(0.49%)	UT	OpenLong	75	0.4	55	120	24	149	15.45	59%	0.47	85.2	3.17%	0.8	1.7	73	0.2
23	Feb_4_2022	32.11	36.4	38.12	39.48	39.56	40.34	40.8(2%)	UT	OpenLong	75	0.6	56	140	32	128	23.74	59%	0.44	90.4	3.18%	1.2	1.9	74	-0.1
24	Feb_3_2022	31.97	35.99	37.42	38.83	38.69	39.47	40(0.96%)	UT	HoldLong	65	0.5	46	130	25	108	22.54	59%	0.38	95.9	3.17%	2.1	1.8	77	-0.5
25	Feb_2_2022	31.85	35.58	36.91	38.28	38.15	38.79	39.62(0.84%)	UT	OpenLong	75	0.6	44	110	26	96	14.7	59%		97.4	3.18%	1.4	1.9	71	-0
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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