| PXD latest price $108.5200 (-0.25%) ($106.4300 - $108.7200) on Fri. Dec. 21, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.79% (three month average) |
RSI | 57 |
Latest Price | $108.5200(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.9% 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%) IWM(54%) USO(54%) SPY(52%) |
Factors Impacting PXD price | PXD will decline at least -0.895% in a week (0% probabilities). TLT(-26%) SHY(-2%) IGOV(-2%) TIP(3%) GLD(3%) |
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 | -0.895% (StdDev 1.79%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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