| PXD latest price $227.9400 (1.45%) ($224.0100 - $236.0000) on Wed. Aug. 2, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 66 |
Latest Price | $227.9400(1.45%) |
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 3.3% 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) OIH(73%) TAN(71%) XOP(67%) REMX(59%) USO(54%) |
Factors Impacting PXD price | PXD will decline at least -0.72% in a week (0% probabilities). SMH(-70%) IVW(-46%) XHB(-37%) QQQ(-36%) SPY(-35%) |
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 | -0.72% (StdDev 1.44%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.2% |
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