| PXD latest price $224.6800 (-0.44%) ($221.5000 - $225.1400) on Tue. Aug. 1, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.5% (three month average) |
RSI | 62 |
Latest Price | $224.6800(-0.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.5% 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. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(73%) TAN(69%) XOP(67%) REMX(59%) USO(54%) |
Factors Impacting PXD price | PXD will decline at least -0.75% in a week (0% probabilities). SMH(-78%) IVW(-55%) SPY(-41%) QQQ(-39%) XHB(-37%) |
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 | -0.75% (StdDev 1.5%) |
Hourly BBV | 0.4 () |
Intraday Trend | 0.3% |
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