| PXD latest price $235.9100 (-0.29%) ($234.1200 - $238.5400) on Thu. Aug. 10, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 88 |
Latest Price | $235.9100(-0.29%) |
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 3.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) REMX(79%) OIH(74%) TAN(63%) XOP(61%) USO(50%) |
Factors Impacting PXD price | PXD will decline at least -0.705% in a week (0% probabilities). SMH(-98%) IVW(-75%) SPY(-53%) QQQ(-49%) DIA(-42%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.705% (StdDev 1.41%) |
Hourly BBV | 0.3 () |
Intraday Trend | -0.2% |
| |
|
|