| PXD latest price $128.2400 (1.3%) ($126.8600 - $130.3300) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 51 |
Latest Price | $128.2400(1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.2% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.3% 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(76%) XLE(74%) XOP(71%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.91% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-14%) BNDX(-10%) VXX(-8%) |
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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 0.8 () |
Intraday Trend | -1.6% |
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