| PXD latest price $251.7000 (4.01%) ($244.3800 - $255.4300) on Wed. Sep. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.83% (three month average) |
RSI | 45 |
Latest Price | $251.7000(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.4% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(76%) IWD(51%) DIA(48%) IWM(47%) IWN(47%) |
Factors Impacting PXD price | PXD will decline at least -1.415% in a week (0% probabilities). UUP(-27%) VIXM(-15%) SHY(-9%) TBT(-6%) BNDX(-4%) |
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 | -1.415% (StdDev 2.83%) |
Hourly BBV | 0.6 () |
Intraday Trend | 2.5% |
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