| PXD latest price $92.9100 (1.43%) ($90.4950 - $93.6700) on Mon. Jun. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.18% (three month average) |
RSI | 64 |
Latest Price | $92.9100(1.43%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(78%) XOP(77%) IWD(55%) IWN(55%) |
Factors Impacting PXD price | PXD will decline at least -4.09% in a week (0% probabilities). VIXM(-31%) TLT(-20%) UUP(-19%) VXX(-11%) BNDX(-11%) |
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 | -4.09% (StdDev 8.18%) |
Hourly BBV | 0.4 () |
Intraday Trend | 1.4% |
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