| PXD latest price $111.8500 (2.45%) ($108.6500 - $112.3100) on Mon. Feb. 13, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 76 |
Latest Price | $111.8500(2.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.7% 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%) USO(55%) IWM(54%) SPY(53%) |
Factors Impacting PXD price | PXD will decline at least -1.195% 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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