| PXD latest price $139.5500 (2.47%) ($136.0100 - $140.2000) on Thu. Dec. 12, 2019. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.37% (three month average) |
RSI | 60 |
Latest Price | $139.5500(2.47%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.7% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(82%) OIH(81%) XLE(80%) IWD(63%) IVE(62%) |
Factors Impacting PXD price | PXD will decline at least -1.185% in a week (0% probabilities). VIXM(-45%) TLT(-27%) VXX(-19%) BNDX(-7%) UUP(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.185% (StdDev 2.37%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
| |
|
|