| PXD latest price $133.0500 (3.75%) ($128.4500 - $133.9390) on Mon. Feb. 8, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.81% (three month average) |
RSI | 49 |
Latest Price | $133.0500(3.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.2% 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(77%) XLE(74%) XOP(71%) USO(51%) IWD(47%) |
Factors Impacting PXD price | PXD will decline at least -1.905% in a week (0% probabilities). VIXM(-23%) UUP(-21%) TLT(-14%) BNDX(-10%) VXX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.905% (StdDev 3.81%) |
Hourly BBV | 1.8 () |
Intraday Trend | 3.1% |
| |
|
|