| PXD latest price $86.5400 (2.33%) ($81.8600 - $87.5550) on Fri. Oct. 2, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.44% (three month average) |
RSI | 37 |
Latest Price | $86.5400(2.33%) |
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 -5% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(77%) XOP(75%) IWN(52%) IWD(51%) |
Factors Impacting PXD price | PXD will decline at least -1.22% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TLT(-16%) BNDX(-10%) VXX(-9%) |
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 | -1.22% (StdDev 2.44%) |
Hourly BBV | 0.6 () |
Intraday Trend | 5.5% |
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