| PXD latest price $77.1300 (5.5%) ($74.3100 - $77.1900) on Wed. Sep. 7, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.25% (three month average) |
RSI | 46 |
Latest Price | $77.1300(5.5%) |
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 1.5% 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(81%) OIH(76%) IWM(56%) USO(55%) SPY(54%) |
Factors Impacting PXD price | PXD will decline at least -1.625% in a week (0% probabilities). TLT(-31%) SHY(-3%) TIP(1%) LQD(3%) IGOV(3%) |
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 | -1.625% (StdDev 3.25%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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