| PXD latest price $30.6200 (2.37%) ($29.6300 - $30.9900) on Mon. Aug. 10, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.5% (three month average) |
RSI | 71 |
Latest Price | $30.6200(2.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.3% 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(81%) OIH(76%) IWM(58%) SPY(58%) USO(56%) |
Factors Impacting PXD price | PXD will decline at least -1.75% in a week (0% probabilities). TLT(-32%) SHY(-7%) TIP(-1%) LQD(2%) IGOV(6%) |
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 | -1.75% (StdDev 3.5%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
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