| PXD latest price $50.5400 (-2.32%) ($50.0000 - $51.6600) on Thu. Apr. 3, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.86% (three month average) |
RSI | 51 |
Latest Price | $50.5400(-2.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.7% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.6% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(84%) OIH(79%) SPY(63%) IWM(61%) VWO(60%) |
Factors Impacting PXD price | PXD will decline at least -1.43% in a week (0% probabilities). TLT(-33%) SHY(-12%) TIP(-3%) LQD(8%) GLD(10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.43% (StdDev 2.86%) |
Hourly BBV | 0 () |
Intraday Trend | -1.7% |
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