| PXD latest price $130.6400 (1.43%) ($122.0800 - $131.7300) on Mon. Mar. 7, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.31% (three month average) |
RSI | 68 |
Latest Price | $130.6400(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(81%) XLE(79%) OIH(78%) IWD(60%) IVE(59%) |
Factors Impacting PXD price | PXD will decline at least -1.655% in a week (0% probabilities). TLT(-26%) VIXM(-19%) UUP(-12%) BNDX(-9%) SHY(-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 | -1.655% (StdDev 3.31%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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