| PXD latest price $237.8600 (0.53%) ($235.0000 - $238.0400) on Fri. Aug. 18, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.34% (three month average) |
RSI | 75 |
Latest Price | $237.8600(0.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(94%) OIH(91%) XLE(88%) XME(88%) USO(76%) |
Factors Impacting PXD price | PXD will decline at least -0.67% in a week (0% probabilities). QQQ(-30%) UUP(-29%) SKYY(-22%) IPO(-17%) XHB(-30%) |
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 | -0.67% (StdDev 1.34%) |
Hourly BBV | 0.2 () |
Intraday Trend | 1% |
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