| PXD latest price $61.2900 (-0.76%) ($57.2000 - $62.8900) on Mon. Mar. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.99% (three month average) |
RSI | 32 |
Latest Price | $61.2900(-0.76%) |
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 -26.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(79%) XLE(79%) XOP(77%) IWN(57%) IWD(56%) |
Factors Impacting PXD price | PXD will decline at least -3.495% in a week (0% probabilities). VIXM(-38%) TLT(-21%) VXX(-15%) UUP(-13%) SHY(-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 | -3.495% (StdDev 6.99%) |
Hourly BBV | -0.4 () |
Intraday Trend | -0.6% |
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