| PXD latest price $88.9700 (1.3%) ($87.5300 - $89.0700) on Thu. Dec. 29, 2011. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.57% (three month average) |
RSI | 51 |
Latest Price | $88.9700(1.3%) |
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 1.1% 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(80%) OIH(76%) USO(55%) IWM(54%) SPY(53%) |
Factors Impacting PXD price | PXD will decline at least -1.785% in a week (0% probabilities). TLT(-28%) SHY(-3%) IGOV(1%) TIP(2%) LQD(3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.785% (StdDev 3.57%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
| |
|
|