| PXD latest price $250.5500 (2.46%) ($242.8400 - $250.7500) on Wed. Oct. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.74% (three month average) |
RSI | 74 |
Latest Price | $250.5500(2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.3% 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(72%) IWD(48%) DIA(45%) IWM(44%) IWC(43%) |
Factors Impacting PXD price | PXD will decline at least -1.37% in a week (0% probabilities). UUP(-19%) SHY(-16%) BNDX(-16%) VIXM(-11%) TBT(-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 | -1.37% (StdDev 2.74%) |
Hourly BBV | 2.2 () |
Intraday Trend | 3% |
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