| PXD latest price $66.4900 (-3.15%) ($62.0700 - $67.3500) on Mon. Mar. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.43% (three month average) |
RSI | 43 |
Latest Price | $66.4900(-3.15%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 3% 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) OIH(79%) XLE(79%) XOP(77%) IWD(57%) IWN(57%) |
Factors Impacting PXD price | PXD will decline at least -3.715% in a week (0% probabilities). VIXM(-35%) TLT(-22%) UUP(-19%) VXX(-13%) BNDX(-10%) |
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 | -3.715% (StdDev 7.43%) |
Hourly BBV | -0.7 () |
Intraday Trend | 1.1% |
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