| PXD latest price $151.5500 (-0.16%) ($151.4600 - $154.4900) on Fri. Aug. 6, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 69 |
Latest Price | $151.5500(-0.16%) |
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 3% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(70%) XOP(67%) USO(49%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.215% in a week (0% probabilities). VIXM(-25%) UUP(-22%) TLT(-12%) SHY(-9%) BNDX(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | -0.1 () |
Intraday Trend | -1.4% |
| |
|
|