| PXD latest price $142.1900 (4.63%) ($138.5900 - $142.9700) on Wed. Feb. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.01% (three month average) |
RSI | 46 |
Latest Price | $142.1900(4.63%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PXD declines -3.4% 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(81%) IWD(63%) IVE(62%) |
Factors Impacting PXD price | PXD will decline at least -1.005% in a week (0% probabilities). VIXM(-45%) TLT(-26%) VXX(-19%) SHY(-15%) BNDX(-7%) |
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 | -1.005% (StdDev 2.01%) |
Hourly BBV | 1.3 () |
Intraday Trend | 2.3% |
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