| PXD latest price $167.8300 (1.75%) ($161.3300 - $168.5350) on Fri. May. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 74 |
Latest Price | $167.8300(1.75%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.4% 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(73%) XOP(70%) USO(50%) IWD(49%) |
Factors Impacting PXD price | PXD will decline at least -1.235% in a week (0% probabilities). VIXM(-25%) UUP(-22%) 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 | -1.235% (StdDev 2.47%) |
Hourly BBV | 1.8 () |
Intraday Trend | 2.9% |
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