| PXD latest price $26.1500 (1.51%) ($25.6100 - $26.2100) on Thu. Oct. 2, 2003. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 71 |
Latest Price | $26.1500(1.51%) |
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 2.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) SPY(60%) IWM(59%) EEM(57%) EWG(54%) |
Factors Impacting PXD price | PXD will decline at least -0.725% in a week (0% probabilities). TLT(-30%) SHY(-12%) REMX(2%) LQD(6%) XLU(38%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.725% (StdDev 1.45%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
| |
|
|