| PXD latest price $237.9000 (-0.46%) ($237.5300 - $243.7300) on Tue. Jan. 17, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 58 |
Latest Price | $237.9000(-0.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.7% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.9% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XLE(80%) XOP(78%) OIH(69%) USO(55%) VYM(55%) |
Factors Impacting PXD price | PXD will decline at least -1.125% in a week (0% probabilities). VIXM(-37%) BNDX(-28%) SHY(-27%) BND(-23%) UUP(-17%) |
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 | -1.125% (StdDev 2.25%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.9% |
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