| PXD latest price $163.0300 (-1.65%) ($161.6600 - $165.4500) on Tue. Mar. 16, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.66% (three month average) |
RSI | 70 |
Latest Price | $163.0300(-1.65%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.6% a week on average for past two weeks. |
Market Behavior | Value stocks 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(77%) XLE(73%) XOP(71%) USO(51%) IWD(47%) |
Factors Impacting PXD price | PXD will decline at least -1.33% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-14%) BNDX(-9%) VXX(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.33% (StdDev 2.66%) |
Hourly BBV | -1.6 () |
Intraday Trend | -0.6% |
| |
|
|