Occidental Petroleum (OXY, $41.44) price may drop as it broke higher Bollinger Band on May 08, 2025

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OXY - Occidental Petroleum Corp
Bollinger signal
Bearish Trend
77%
Odds of DOWN Trend
Price: $41.44
Daily change: +$2.43 (+6.23%)
Daily volume: 22.5M
Capitalization: $38.3B
Industry: Oil & Gas Production

This price move could be a signal that OXY may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 47 similar cases where OXY's price broke its higher Bollinger Band, and 36 of them led to a successful outcome. Odds of Success: 77%.