| PXD latest price $107.9300 (0.91%) ($105.2700 - $108.0600) on Tue. Mar. 13, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.09% (three month average) |
RSI | 40 |
Latest Price | $107.9300(0.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.9% 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 -1.045% in a week (0% probabilities). TLT(-28%) SHY(-3%) IGOV(0%) 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 | -1.045% (StdDev 2.09%) |
Hourly BBV | 0 () |
Intraday Trend | -0.1% |
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