| PXD latest price $97.7000 (3.45%) ($93.2700 - $98.1300) on Tue. Jun. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.55% (three month average) |
RSI | 42 |
Latest Price | $97.7000(3.45%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.3% 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(78%) XLE(78%) XOP(76%) IWD(53%) IWN(53%) |
Factors Impacting PXD price | PXD will decline at least -2.275% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-18%) VXX(-10%) 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 | -2.275% (StdDev 4.55%) |
Hourly BBV | 2.8 () |
Intraday Trend | 4.7% |
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