| PXD latest price $254.8200 (1.39%) ($254.1100 - $257.2500) on Wed. Mar. 23, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.07% (three month average) |
RSI | 61 |
Latest Price | $254.8200(1.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2% 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 | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(79%) XLE(66%) XOP(63%) IWD(50%) USO(49%) |
Factors Impacting PXD price | PXD will decline at least -1.035% in a week (0% probabilities). UUP(-24%) VIXM(-23%) SHY(-11%) BNDX(-10%) TLT(-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 | -1.035% (StdDev 2.07%) |
Hourly BBV | 1.3 () |
Intraday Trend | -0.1% |
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