| PXD latest price $93.4900 (3.99%) ($88.8500 - $94.7400) on Thu. Jul. 19, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.08% (three month average) |
RSI | 65 |
Latest Price | $93.4900(3.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.7% 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(80%) OIH(76%) IWM(54%) USO(54%) SPY(52%) |
Factors Impacting PXD price | PXD will decline at least -1.54% in a week (0% probabilities). TLT(-27%) SHY(-3%) IGOV(-1%) TIP(3%) 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 | -1.54% (StdDev 3.08%) |
Hourly BBV | 0 () |
Intraday Trend | 5.2% |
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