| PXD latest price $74.6800 (-0.63%) ($72.8400 - $80.0000) on Fri. Apr. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 7.56% (three month average) |
RSI | 69 |
Latest Price | $74.6800(-0.63%) |
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 8.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XLE(79%) OIH(78%) XOP(77%) IWD(55%) IWN(55%) |
Factors Impacting PXD price | PXD will decline at least -3.78% in a week (0% probabilities). VIXM(-33%) TLT(-21%) UUP(-18%) 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 | -3.78% (StdDev 7.56%) |
Hourly BBV | 0.9 () |
Intraday Trend | -5.5% |
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