| PXD latest price $203.0000 (-2.5%) ($202.5400 - $208.6000) on Thu. May. 8, 2014. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.98% (three month average) |
RSI | 48 |
Latest Price | $203.0000(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.6% 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%) XLE(79%) OIH(78%) USO(55%) IWM(53%) |
Factors Impacting PXD price | PXD will decline at least -0.99% in a week (0% probabilities). TLT(-26%) UUP(-9%) BNDX(-9%) SHY(-2%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.99% (StdDev 1.98%) |
Hourly BBV | 0 () |
Intraday Trend | -1.6% |
| |
|
|