| PXD latest price $63.1700 (-1.36%) ($62.4500 - $64.7000) on Fri. Aug. 29, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.26% (three month average) |
RSI | 70 |
Latest Price | $63.1700(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 5% 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(83%) OIH(79%) SPY(64%) IWM(63%) EEM(61%) |
Factors Impacting PXD price | PXD will decline at least -1.63% in a week (0% probabilities). TLT(-33%) SHY(-13%) TIP(-3%) LQD(8%) GLD(9%) |
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 | -1.63% (StdDev 3.26%) |
Hourly BBV | 0 () |
Intraday Trend | -2.2% |
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