| PXD latest price $92.0300 (-1.22%) ($91.6400 - $94.2500) on Mon. Nov. 7, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.05% (three month average) |
RSI | 70 |
Latest Price | $92.0300(-1.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.6% 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(80%) OIH(76%) IWM(55%) USO(55%) SPY(53%) |
Factors Impacting PXD price | PXD will decline at least -2.025% in a week (0% probabilities). TLT(-29%) SHY(-3%) TIP(2%) IGOV(2%) LQD(4%) |
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 | -2.025% (StdDev 4.05%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
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