| PXD latest price $133.0100 (-2.34%) ($131.7600 - $136.4900) on Thu. Feb. 18, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.33% (three month average) |
RSI | 66 |
Latest Price | $133.0100(-2.34%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.5% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(76%) XLE(73%) XOP(71%) USO(51%) IWD(47%) |
Factors Impacting PXD price | PXD will decline at least -1.665% 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 | -1.665% (StdDev 3.33%) |
Hourly BBV | -1.4 () |
Intraday Trend | -2% |
| |
|
|