| PXD latest price $34.9200 (0.92%) ($34.3900 - $34.9700) on Wed. Jun. 23, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 79 |
Latest Price | $34.9200(0.92%) |
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 5.6% 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 -1% in a week (0% probabilities). TLT(-31%) SHY(-12%) TIP(-2%) REMX(2%) LQD(6%) |
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 | -1% (StdDev 2%) |
Hourly BBV | 0 () |
Intraday Trend | 0.9% |
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