| PXD latest price $223.4000 (1.25%) ($218.3300 - $223.5500) on Fri. Jul. 28, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.51% (three month average) |
RSI | 72 |
Latest Price | $223.4000(1.25%) |
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 2.1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(66%) XOP(65%) USO(56%) TAN(55%) UNG(53%) |
Factors Impacting PXD price | PXD will decline at least -0.755% in a week (0% probabilities). SMH(-62%) IVW(-54%) SPY(-45%) QQQ(-43%) XHB(-41%) |
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 | -0.755% (StdDev 1.51%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0.7% |
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