Trading Signals: OXY Stock Price Prediction and Forecast

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Mon. Aug. 29, 2022

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

(Occidental Petroleum Corporation)
OXY latest price $75.2600 (2.32%) ($72.8200 - $77.1300) on Mon. Aug. 29, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.33% (three month average)
RSI   76
Latest Price   $75.2600(2.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   OXY advances 1.7% a day on average for past five trading days.
Weekly Trend   OXY advances 8% a week on average for past two weeks.
Market Behavior   Growth stock 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(75%)    IWD(52%)    IWM(48%)    REMX(48%)    IWN(47%)
Factors Impacting OXY price   OXY will decline at least -1.665% in a week (0% probabilities).
UUP(-22%)    VIXM(-15%)    SHY(-6%)    EDOC(-6%)    TBT(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.665% (StdDev 3.33%)
Hourly BBV 0.8 ()
Intraday Trend 2.7%

5 Day Moving Average   $74.4(1.16%)
10 Day Moving Average   $70.63(6.56%)
20 Day Moving Average   $66.67(12.88%)
To recent high   0%
To recent low   35.2%
Market Cap   $69.104b

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 8.13% (three month std-dev: 3.33%) daily (68% of days).

Sample size 5 Average positive next day return: 3%(60%) Average negative next day return: -3.97%(40%) Sample size 5 Average positive next three day return: 6.84%(40%) Average negative next three day return: -5.72%(60%) Sample size 5 Average positive next weekly return: 4.77%(60%) Average negative next weekly return: -8.18%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220929

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	Aug_29_2022	62.6	66.67	70.63	74.4	74.51	74.36	75.26(2.32%)	UT	HoldLong	65	0.2	47	-10	13	150	29.92	57%	0.22	55.8	3.33%	0.8	1.6	76	2.2
2	Aug_26_2022	62.46	66.13	69.54	73.15	73.98	74.5	73.55(-1.25%)	UD	OpenLong	75	0.1	46	80	13	146	20.5	57%	0.26	54	3.34%	-1.4	1.5	77	2
3	Aug_25_2022	62.3	65.69	68.74	72.7	72.65	74.66	74.48(-0.57%)	UD	OpenLong	75	0.4	82	190	50	176	22.74	57%	0.31	59.5	3.36%	-0.2	1.8	81	1.2
4	Aug_24_2022	62.11	65.06	67.82	70.78	70.9	73.45	74.91(1.52%)	UT	HoldLong	65	1	110	260	85	185	39.57	57%	0.32	53.6	3.36%	0.8	2.3	83	1.8
5	Aug_23_2022	61.91	64.41	66.57	68.39	68.38	70.63	73.79(6.9%)	UT	OpenLong	75	1.5	92	230	72	150	59.39	57%	0.26	43.1	3.36%	1.3	2.5	70	2.1

6	Aug_22_2022	61.75	63.78	65.39	66.34	66.14	68.36	69.03(-3.17%)	UD	OpenLong	75	0.9	67	230	53	107	47.84	54%	0.18	32.5	3.28%	0.9	1.7	56	1
7	Aug_19_2022	61.64	63.51	64.49	65.4	65.01	66.13	71.29(9.88%)	UT	OpenLong	75	2.1	61	100	54	81	79.74	54%	0.24	32.9	3.25%	2.6	2.7	59	-0
8	Aug_18_2022	61.49	62.97	63.24	64.29	63.99	63.92	64.88(3.03%)	UT	HoldLong	50	0.3	3	-20	-4	24	16.8	46%	0.13	32.8	3.02%	1.4	0.9	47	-0.7
9	Aug_17_2022	61.41	62.82	62.53	64.45	64.26	63.88	62.97(-0.85%)	N/A	N/A	0	-0.7	-2	-50	-6	12	14.87	44%	0.1	45.8	3.07%	-1.3	0.1	52	-0.7
10	Aug_16_2022	61.35	62.84	62.34	64.43	64.65	64.05	63.51(-1.29%)	N/A	N/A	0	-0.4	-0	-50	-3	8	16.64	48%	0.13	57.9	3.07%	-1	0.3	52	-1.2

11	Aug_15_2022	61.27	62.81	62.45	64.21	64.18	64.63	64.34(-2.11%)	UD	OpenLong	75	0.1	6	50	3	15	16.65	48%	0.08	65	3.14%	-0.7	0.7	56	-1.5
12	Aug_12_2022	61.22	62.6	62.49	63.35	63.78	65.24	65.73(0.06%)	UT	OpenLong	75	1	43	180	50	21	11.7	52%	0.15	53.2	3.29%	0.9	1.3	52	-2.2
13	Aug_11_2022	61.13	62.25	62.42	62	62.27	63.73	65.69(4.5%)	UT	OpenLong	75	1.5	44	180	54	13	21.69	52%	0.1	32.1	3.3%	1.6	1.4	59	-1.8
14	Aug_10_2022	61.07	61.83	62.07	60.36	60.53	62.31	62.86(0.72%)	N/A	N/A	0	1	21	210	35	-20	14.15	50%	0.05	6	3.26%	0.7	0.4	53	-1.6
15	Aug_9_2022	61.04	61.6	62.05	59.98	59.65	60.81	62.41(3.95%)	N/A	N/A	0	0.9	11	120	25	-32	22.23	45%	0.02	0	3.27%	1.2	0.3	48	-1.2

16	Aug_8_2022	61.03	61.37	62.01	60.51	59.79	58.75	60.04(1.75%)	DP	OpenShort	-75	-0.2	-24	-160	-18	-41	18.13	43%	0.07	2.8	3.52%	1.4	-0.5	46	-1.8
17	Aug_5_2022	60.99	61.36	62.45	61.55	61.2	58.49	59.01(2.7%)	DP	OpenShort	-75	-1	-52	-330	-59	-32	20.95	45%	0.02	12.3	3.55%	-0.5	-0.9	51	-1.3
18	Aug_4_2022	60.98	61.46	62.71	62.9	62.9	60.83	57.46(-5.79%)	DT	OpenShort	-75	-2.1	-51	-230	-65	-8	37.84	45%	0.08	30.6	3.54%	-1.5	-1.5	52	-1
19	Aug_3_2022	60.93	61.68	63.24	63.93	64.41	63.91	60.99(-6.26%)	N/A	N/A	0	-1.2	-5	-30	-19	39	32.35	47%	0.12	48.5	3.5%	-1.5	-0.3	62	-2.8
20	Aug_2_2022	60.86	61.6	63.52	64.29	64.47	64.97	65.06(-0.26%)	UD	OpenLong	75	0.3	28	60	12	74	16.11	53%	0.15	47.3	3.41%	1	1.4	69	-1.4

21	Aug_1_2022	60.77	61.3	63.28	63.69	63.84	64.9	65.23(-0.79%)	UD	OpenLong	75	0.6	33	120	17	81	16.69	53%	0.13	42.9	3.48%	1.1	1.6	71	-2.7
22	Jul_29_2022	60.69	61.04	62.77	63.53	63.59	63.97	65.75(4.96%)	UT	OpenLong	75	1	44	40	30	87	19.5	53%	0.13	50.5	3.5%	1.7	2.1	64	-2.8
23	Jul_28_2022	60.61	60.68	62.07	62.59	63.11	62.77	62.64(-0.22%)	UD	OpenLong	65	0	13	-10	-2	56	14.49	51%	0.08	50.3	3.48%	0.3	1	55	-1.3
24	Jul_27_2022	60.56	60.5	61.57	62.46	62.75	63.2	62.78(1.14%)	UT	HoldLong	50	0.2	9	60	-3	44	16.57	51%	0.15	57.2	3.49%	-0.4	1.1	53	-0.7
25	Jul_26_2022	60.47	60.42	61.11	62.62	62.5	63.45	62.07(-3.63%)	UD	OpenLong	75	-0.3	27	100	18	53	20.11	51%		71	3.5%	-0.5	0.8	57	0.3
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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