| PXD latest price $154.0000 (1.66%) ($150.0100 - $154.8100) on Wed. Aug. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.35% (three month average) |
RSI | 62 |
Latest Price | $154.0000(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.7% 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 -1.175% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-12%) SHY(-9%) BNDX(-9%) |
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 | -1.175% (StdDev 2.35%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.6% |
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