| PXD latest price $96.1600 (3.5%) ($93.3600 - $96.3500) on Tue. Jun. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.19% (three month average) |
RSI | 68 |
Latest Price | $96.1600(3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.9% 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 -4.095% 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 | -4.095% (StdDev 8.19%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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