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Occidental Pete Down 16.1% Since SmarTrend Downtrend Call (OXY)

May 15, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Occidental Pete (NYSE:OXY) on February 8th, 2019 at $64.18. In approximately 3 months, Occidental Pete has returned 16.06% as of today's recent price of $53.87.

Occidental Pete share prices have moved between a 52-week high of $87.67 and a 52-week low of $53.51 and are now trading 1% above that low price at $53.87 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.6%.

Occidental Petroleum Corporation explores for, develops, produces, and markets crude oil and natural gas. The Company also manufactures and markets a variety of basic chemicals, vinyls and performance chemicals. Occidental also gathers, treats, processes, transports, stores, trades and markets crude oil, natural gas, NGLs, condensate and carbon dioxide (CO2) and generates and markets power.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Occidental Pete.

Log in and add Occidental Pete (OXY) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

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