| PXD latest price $129.0400 (-3.01%) ($128.6000 - $132.8000) on Tue. Feb. 9, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.44% (three month average) |
RSI | 46 |
Latest Price | $129.0400(-3.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock 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 -1.72% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.72% (StdDev 3.44%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.8% |
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