| PXD latest price $233.3900 (0.46%) ($226.8600 - $233.4100) on Tue. Aug. 8, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 92 |
Latest Price | $233.3900(0.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.7% 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) REMX(79%) OIH(73%) TAN(67%) XOP(63%) USO(53%) |
Factors Impacting PXD price | PXD will decline at least -0.705% in a week (0% probabilities). SMH(-95%) IVW(-75%) SPY(-55%) QQQ(-50%) XHB(-42%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 0.1 () |
Intraday Trend | 2% |
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