| PXD latest price $208.1600 (-1.06%) ($207.6600 - $210.0800) on Thu. Apr. 6, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 78 |
Latest Price | $208.1600(-1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XLE(76%) XOP(76%) OIH(69%) USO(59%) VYM(52%) |
Factors Impacting PXD price | PXD will decline at least -1.1% in a week (0% probabilities). VXX(-24%) VIXM(-21%) BNDX(-20%) BND(-18%) SMH(-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 | -1.1% (StdDev 2.2%) |
Hourly BBV | -1 () |
Intraday Trend | -0.6% |
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