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     Fri. Feb. 26, 2021

Trading Signals: OXY Stock Price Prediction and Forecast (Mon. Mar. 17, 2014 - Fri. Feb. 26, 2021)

(Occidental Petroleum Corporation)

OXY latest price $26.6100 (-0.52%) ($25.2050 - $27.0100) on Fri. Feb. 26, 2021.


Trend Analysis and Forecast
 
Trend Pattern  Uptrend Correction
Trend Narrative  Uptrend
Average Daily Price Swing  $2.32 (9.38% one month average)
Average Daily Percentage Swing  4.88% (three month average)
Weekly Trend Force  0.7% (StdDev 4.88%)
Daily Moving Force  -0.8%
Correction Force  Weak (0%)
Trend   0.96%
Trend Strength  6.6%
RSI   68
Momentum  1.9
Latest Price  $26.6100(-0.52%)
Forecasted Low Price  26.29(-1.2%)
Forecasted High Price  27.02(1.55%)
Direction of Next Movement  Range(1%)
% Change Needed to Confirm Correction  6.2% (25.05)
% Change Needed for Trend Reversal  3.3%
Hourly Trend   -1.9% [$26.89(-0.5), $26.73(-0.04)]
Stocks Behave Similarly  Similar Stock List
Complacency  8
Intraday Reversal Probability  N/A.
Daily Trend  OXY advances 0.9% a day on average for past five trading days.
Weekly Trend  OXY advances 4.2% a week on average for past two weeks.
Market Behavior  Value stocks sell-off for large cap. Rotation from value to growth for small cap.
Correlated ETFs  Broad market will support OXY advance at 0.5% a week (80% probability)
  XOP(90%)    XLE(86%)    OIH(83%)    IWN(69%)    JETS(67%)  
Factors Impacting OXY price  OXY will advance at least 0.3% in a week (22% probabilities).
  VXX(-30%)    VIXM(-23%)    XLU(-16%)    UUP(-7%)    TBT(-2%)  
Explanation   The rally is sustainable and supported by the broad market.
Trading Plan  Not Available
 
Valuation to SPY   1.3
 
Relative Volatility   1.1 (options are expensive)
 
Market Trend Strength  1.5% (StdDev 4.88%)
Hourly BBV   0.4 ()
Intraday Trend   1.3%
  
 

  


Next Day Open Price  $26.63(0.08%)
Inflection Point  Yes
Support Level  $24.74
5 Day Moving Average  $26.81(-0.75%)
10 Day Moving Average  $26.36(0.95%)
20 Day Moving Average  $24.74(7.56%)
To recent high  -5.5%
To recent low  75.9%
Market Cap  $24.433b
 
Option Sentiment  
 
 
Earning Release Date  Thu. Feb. 4, 2021
Analyst One Year Target Price  $13.00 ($8.00 - $29.00)
  20 analysts (last updated on Wed. Nov. 25, 2020)
% to Average Target Price  -51.15%
% to Low Target Price  -69.94%
% to High Target Price  8.98%
 
 


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.


$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. OXY price fluctuates within 9.38% (three month std-dev: 4.88%    one year average std_dev: 0%) daily (68% of days).
$. OXY price fluctuates within 0% weekly (one year average std_dev: %).

Analysis   News   Options   Weekly Chart   Daily Chart   Hourly Chart   15 Minute Chart

iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Strength
RSIMomentumTrend
Pattern
Next
Direction
CRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
1Feb_26_202124.74 (1.2%)26.36 (0.8%)26.81 (0.9%) 26.73 26.89(0%)26.61(-0.52%)25.21-27.011.1(0.8)0.4 -0.8%0.7%0%0.96%6.6%681.9 Uptrend Correction Range(0.2%)81.30.4Uptrend 27.3(2.6%)26.3-27.7321.56   -5.5%-75.9% 
2Feb_25_202124.46 (1.2%)26.21 (1%)26.57 (1.1%) 26.77 27.39(0%)26.75(-5.01%)26.45-28.541.1(1)0.4 2.3%0.7%0%1.04%7.1%692 Uptrend Dip  Higher(5.5%)81.40.5After Top 27.11(1.33%)25.37-28.5321.08   -5%-76.8% 
3Feb_24_202124.16 (1%)26.09 (1.2%)26.28 (1.1%) 26.25 26.57(0%)28.16(8.06%)25.96-28.681.2(1.6)1.6 1.4%1.5%0%1.1%8%762.1 Growing Uptrend  Higher(2.9%)81.81.1Uptrend 28.81(2.3%)27.3-29.4627.69   0%-86.1% 
4Feb_23_202123.76 (0.8%)25.73 (1.4%)25.99 (-0.3%) 25.91 26.15(0%)26.06(-1.55%)24.42-26.651.1(1)-0.2 0.2%0.5%0%1.2%8.3%762.1 Growing Uptrend  Range(1.5%)81.21.5Uptrend Consolidation 25.59(-1.81%)25.14-26.9422.49   -2.5%-72.2% 
5Feb_22_202123.53 (1%)25.66 (1.8%)26.07 (0.8%) 26.1 25.92(0%)26.47(4.13%)25.81-27.461.3(1.2)-0.3 0.6%1.3%0%1.54%9.1%791.9 Growing Uptrend  Range(1.9%)81.51.7Uptrend 27.41(3.55%)25.87-28.0722.52   -1%-75% 
 
6Feb_19_202123.28 (0.8%)25.29 (2%)25.86 (0.4%) 26.12 25.67(0%)25.42(0.55%)25.03-25.91.3(0.9)-1.9 -1%1%0%1.62%8.7%781.9 Uptrend Consolidation Correction Range(0%)91.11.9Uptrend 26.36(3.7%)25.04-26.9314.87   -4.9%-90.3% 
7Feb_18_202123.08 (0.8%)25.01 (2.2%)25.77 (-0.2%) 26.04 26.28(0%)25.28(-5.42%)25.21-26.731.5(1)-1.9 -0.3%1%0%1.72%8.4%711.9 Uptrend Dip  Higher(3.4%)101.11.9Uptrend 26.19(3.6%)24.85-26.7715.08   -5.4%-96.4% 
8Feb_17_202122.95 (0.8%)24.71 (2.4%)25.83 (1.6%) 25.8 26.57(0%)26.73(1.02%)25.85-27.181.7(1.7)2.3 2.2%1.9%0%1.9%7.7%791.9 Growing Uptrend  Higher(4.1%)101.82.1Uptrend 27.75(3.83%)25.96-28.5215.08   0%-107.7% 
9Feb_16_202122.74 (0.8%)24.12 (2.4%)25.42 (0.8%) 25.45 25.79(0%)26.46(4.21%)25.88-26.951.7(1.9)0.9 2.2%2%0%1.86%6.1%791.7 Growing Uptrend  Higher(4.2%)101.92Uptrend 27.38(3.47%)25.7-28.119.17   0%-108.3% 
10Feb_12_202122.52 (0.8%)23.52 (2.2%)25.21 (2.3%) 25 25.03(0%)25.39(1.64%)24.56-25.751.8(1.6)1 0.5%1.7%0%1.8%4.4%671.6 Growing Uptrend  Range(2.2%)91.52.1Growing Uptrend 26.42(4.06%)24.83-26.8212.34   -0.8%-124.5% 
 
11Feb_11_202122.43 (0.8%)23 (1.8%)24.65 (2.2%) 24.78 25.11(0%)24.98(-2.42%)24.08-25.411.7(1.5)2.1 1.4%1.4%0%1.56%2.5%661.5 Growing Uptrend  Higher(4%)81.42.2Uptrend Dip 26.64(6.63%)24.02-27.2915.16   -2.4%-120.9% 
12Feb_10_202122.29 (0.8%)22.59 (1.6%)24.11 (3%) 24.21 24.96(0%)25.6(3.85%)24.8-25.791.6(2)5.8 2.6%1.9%0%1.34%1.3%691.4 Growing Uptrend  Higher(4.5%)722.2Growing Uptrend 26.29(2.71%)24.94-26.6322.28   0%-126.3% 
13Feb_9_202122.12 (0.8%)22.06 (1%)23.4 (3.5%) 23.45 24.45(0%)24.65(-3.14%)24.1-25.151.4(1.8)1.9 3.7%1.7%0%0.94%-0.2%561.2 Uptrend Dip  Higher(7%)61.62Uptrend 24.97(1.29%)24.21-25.2920.7   -3.1%-117.9% 
14Feb_8_202121.88 (0.8%)21.62 (0.4%)22.61 (4.7%) 22.66 23.46(0%)25.45(12.81%)23-25.51(2.6)2.3 4.1%1.8%0%0.46%-1.2%581.1 Breakout  Higher(5.9%)52.31.8Uptrend 25.51(0.25%)24.73-25.8531.36   0%-125% 
15Feb_5_202121.6 (0.6%)21.18 (-0.2%)21.6 (2.4%) 21.89 22.45(0%)22.56(1.17%)22.2-23.140.3(0.8)4.9 2.6%0.6%0%0%-2%500.9 Growing Uptrend  Higher(3.2%)40.61.7N/A 22.4(-0.69%)22.1-22.6513.12   -6.9%-125.4% 
 
16Feb_4_202121.51 (0.6%)21.05 (-0.8%)21.1 (1.3%) 21.31 21.86(0%)22.3(1.27%)21.66-22.590(0.7)1.8 2.1%0.5%0%-0.34%-2.1%380.9 Uptrend Reversal  Range(2.6%)30.51.5N/A 22.05(-1.14%)21.85-22.2113.13   -8%-127.3% 
17Feb_3_202121.39 (0.6%)20.95 (-1%)20.83 (1.4%) 20.87 21.33(0%)22.02(6.22%)20.87-22.16-0.2(0.5)1.7 1.8%-0%0%-0.48%-2.1%491 Uptrend Reversal  Range(1.8%)20.51.7Downtrend 21.9(-0.56%)21.9-21.918.26   -9.2%-127.2% 
18Feb_2_202121.26 (0.6%)21.02 (-1%)20.54 (0.3%) 20.71 20.76(0%)20.73(1.67%)20.62-21.77-0.3(-0.4)0.7 1.2%-0.5%0%-0.56%-1.1%421.1 Downtrend Consolidation  Range(0.7%)1-0.41.4Correction 19.89(-4.03%)19.73-20.5415.47   -14.5%-114.8% 
19Feb_1_202121.12 (0.6%)21.24 (-0.8%)20.47 (-1.1%) 20.53 20.41(0%)20.39(1.65%)19.8-20.75-0.3(-0.5)-1.9 -1.2%-0.5%0%-0.44%0.6%551.3 Growing Downtrend  Range(-1.7%)1-0.41.1Correction 19.41(-4.82%)19.22-20.1713.51   -15.9%-111.3% 
20Jan_29_202120.99 (0.6%)21.44 (-0.6%)20.69 (-1.4%) 20.76 20.66(0%)20.06(-4.25%)19.73-21.38-0.1(-0.6)-1.9 -0.5%-1.2%0%-0.22%2.1%541.3 Growing Downtrend  Range(0.4%)2-0.10.2Correction 19.33(-3.62%)19.17-19.9919.67   -17.2%-119.7% 
 
21Jan_28_202120.9 (0.8%)21.85 (-0.2%)20.98 (-0.5%) 20.94 20.64(0%)20.95(1.95%)20.23-21.490.1(0)-0.4 -0.7%-0.2%0%0.12%4.5%551.5 Downtrend Reversal  Range(-0.9%)30.20.6Correction 20.89(-0.27%)20.77-21.0416.38   -13.6%-135.9% 
22Jan_27_202120.74 (0.8%)21.99 (0%)21.09 (-2.3%) 20.98 20.85(0%)20.55(0.83%)19.46-21.660.2(-0.1)-1.2 -2.1%-0.5%0%0.3%6.1%571.6 Downtrend Reversal  Range(-2.6%)40.10.9Uptrend Consolidation 20.58(0.15%)20.55-20.6725.65   -15.2%-131.4% 
23Jan_26_202120.6 (1%)22.21 (0.6%)21.59 (-2.4%) 21.43 21.24(0%)20.38(-5.25%)20.35-22.420.5(-0.1)-5.2 -0.8%0.1%0%0.72%7.8%601.7 Correction  Range(1.9%)5-0.21.5Uptrend Consolidation 20.45(0.33%)20.38-20.6519.05   -15.9%-129.5% 
24Jan_25_202120.48 (1%)22.23 (1.2%)22.13 (-0.8%) 21.89 21.1(0%)21.51(0.09%)20.67-21.620.8(0.5)-0.4 -2%0.6%0%1.14%8.5%721.8 Correction  Range(-1.4%)50.32.2Uptrend 22.1(2.74%)21.34-22.4315.25   -11.3%-142.2% 
25Jan_22_202120.3 (1%)22.11 (1.6%)22.3 (-2.4%) 22.39 21.61(0%)21.49(-0.23%)20.26-21.61(0.5)-1.9 -3.6%0.5%0%1.42%8.9%721.9 Correction  Lower(-3%)60.52.1Uptrend Consolidation 21.31(-0.82%)21.02-22.217.62   -11.3%-142% 
iDateema20(Trend)ema10(Trend) ema5(Trend) Slow Hourly
Trend
Fast Hourly
Trend
CloseActualPriceRangeBBVHourly
BBV
Daily
Moving
Force
Weekly
Trend
Force
Reversal
Force
TrendTrend
Strength
RSIMomentumTrend
Pattern
Next
Direction
CRVVIXCDTrend-Narrative  NextDay
PriceTarget  
NextDayPriceRangeVolume
millions
To High-Low
 
 
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