| PXD latest price $33.5600 (0.09%) ($32.9000 - $33.9300) on Wed. Sep. 22, 2004. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2% (three month average) |
RSI | 40 |
Latest Price | $33.5600(0.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.5% 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(61%) IWM(59%) EEM(57%) EWI(55%) |
Factors Impacting PXD price | PXD will decline at least -1% in a week (0% probabilities). TLT(-31%) SHY(-13%) TIP(-3%) 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 | 0.8% |
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