| PXD latest price $112.1300 (-0.92%) ($110.7000 - $113.3600) on Mon. Jan. 7, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.89% (three month average) |
RSI | 69 |
Latest Price | $112.1300(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.2% 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(54%) IWM(53%) SPY(52%) |
Factors Impacting PXD price | PXD will decline at least -0.945% 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 | -0.945% (StdDev 1.89%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
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