| PXD latest price $157.0500 (0.01%) ($155.7100 - $158.3200) on Fri. Sep. 17, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 58 |
Latest Price | $157.0500(0.01%) |
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 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Normal 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 -1.125% in a week (0% probabilities). VIXM(-23%) 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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 0.2 () |
Intraday Trend | -0.4% |
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