| PXD latest price $262.5000 (1.99%) ($255.0900 - $265.8700) on Mon. Aug. 29, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 88 |
Latest Price | $262.5000(1.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 7% a week on average for past two weeks. |
Market Behavior | Growth stock 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(76%) IWD(50%) DIA(47%) IWM(47%) IWO(47%) |
Factors Impacting PXD price | PXD will decline at least -1.37% in a week (0% probabilities). UUP(-27%) VIXM(-15%) SHY(-9%) EDOC(-6%) TBT(-5%) |
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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 1.6 () |
Intraday Trend | 2.4% |
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