| PXD latest price $184.6600 (1.57%) ($180.1000 - $184.8700) on Thu. Oct. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.5% (three month average) |
RSI | 74 |
Latest Price | $184.6600(1.57%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 8.8% 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(76%) XLE(69%) XOP(66%) USO(49%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.25% in a week (0% probabilities). VIXM(-22%) UUP(-21%) TLT(-10%) SHY(-9%) IGOV(-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 | -1.25% (StdDev 2.5%) |
Hourly BBV | 1.7 () |
Intraday Trend | 2% |
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