| PXD latest price $94.5400 (5.77%) ($92.9300 - $94.9900) on Wed. Nov. 30, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.79% (three month average) |
RSI | 64 |
Latest Price | $94.5400(5.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.1% 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(81%) OIH(76%) IWM(55%) USO(55%) SPY(53%) |
Factors Impacting PXD price | PXD will decline at least -1.895% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.895% (StdDev 3.79%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
| |
|
|