| PXD latest price $110.7300 (0.72%) ($108.6050 - $110.9000) on Fri. Aug. 14, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.35% (three month average) |
RSI | 71 |
Latest Price | $110.7300(0.72%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 6.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(77%) XOP(76%) IWN(53%) IWD(52%) |
Factors Impacting PXD price | PXD will decline at least -1.675% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TLT(-17%) BNDX(-11%) VXX(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.675% (StdDev 3.35%) |
Hourly BBV | -0.5 () |
Intraday Trend | 1.6% |
| |
|
|