| PXD latest price $158.1100 (3.1%) ($153.0200 - $159.0100) on Mon. Jan. 6, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 95 |
Latest Price | $158.1100(3.1%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.035% in a week (0% probabilities). VIXM(-45%) TLT(-26%) 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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 0 () |
Intraday Trend | 2.1% |
| |
|
|