| PXD latest price $189.8100 (-2.83%) ($189.7000 - $196.4600) on Wed. Mar. 22, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 32 |
Latest Price | $189.8100(-2.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD declines -4.8% 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) XLE(81%) XOP(81%) OIH(75%) USO(61%) VYM(59%) |
Factors Impacting PXD price | PXD will decline at least -1.15% in a week (0% probabilities). VXX(-42%) VIXM(-42%) SHY(-35%) BNDX(-34%) BND(-30%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 0.2 () |
Intraday Trend | -2.9% |
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