| PXD latest price $150.0600 (3.32%) ($142.6300 - $151.0600) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.13% (three month average) |
RSI | 76 |
Latest Price | $150.0600(3.32%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2% 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 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(73%) XOP(71%) USO(51%) IWD(47%) |
Factors Impacting PXD price | PXD will decline at least -1.565% 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 | -1.565% (StdDev 3.13%) |
Hourly BBV | 1.3 () |
Intraday Trend | 4.2% |
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