| PXD latest price $21.1300 (2.47%) ($20.0600 - $21.5100) on Thu. Apr. 16, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.56% (three month average) |
RSI | 62 |
Latest Price | $21.1300(2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 4.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 9.1% 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(82%) OIH(77%) IWM(59%) SPY(59%) USO(56%) |
Factors Impacting PXD price | PXD will decline at least -2.78% in a week (0% probabilities). TLT(-31%) SHY(-7%) TIP(-1%) LQD(3%) IGOV(7%) |
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 | -2.78% (StdDev 5.56%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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