| PXD latest price $100.8900 (1.3%) ($99.6400 - $101.6900) on Thu. Jan. 19, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 80 |
Latest Price | $100.8900(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.4% 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 -1.55% in a week (0% probabilities). TLT(-28%) SHY(-3%) IGOV(1%) TIP(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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0 () |
Intraday Trend | 1% |
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