| PXD latest price $147.1500 (2.85%) ($141.7800 - $147.3400) on Wed. Mar. 27, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.94% (three month average) |
RSI | 64 |
Latest Price | $147.1500(2.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.4% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(82%) OIH(80%) XLE(80%) IWD(62%) IVE(61%) |
Factors Impacting PXD price | PXD will decline at least -0.97% in a week (0% probabilities). TLT(-27%) VXX(-17%) UUP(-14%) VIXM(-12%) BNDX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.97% (StdDev 1.94%) |
Hourly BBV | 0 () |
Intraday Trend | 3.1% |
| |
|
|