| PXD latest price $121.3500 (6.94%) ($114.9800 - $124.5000) on Tue. Jan. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.88% (three month average) |
RSI | 61 |
Latest Price | $121.3500(6.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.9% a day on average for past five trading days. |
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(76%) XLE(74%) XOP(71%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.94% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-15%) 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 | -1.94% (StdDev 3.88%) |
Hourly BBV | 1.4 () |
Intraday Trend | 5.4% |
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