| PXD latest price $211.8600 (6.08%) ($205.5200 - $214.4800) on Wed. Oct. 16, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.18% (three month average) |
RSI | 75 |
Latest Price | $211.8600(6.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 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(77%) USO(54%) IWM(53%) SPY(51%) |
Factors Impacting PXD price | PXD will decline at least -1.09% in a week (0% probabilities). TLT(-26%) BNDX(-9%) SHY(-2%) IGOV(-2%) GLD(1%) |
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 | -1.09% (StdDev 2.18%) |
Hourly BBV | 0 () |
Intraday Trend | 2.6% |
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