| PXD latest price $45.0600 (3.92%) ($44.6600 - $46.4000) on Mon. Aug. 15, 2005. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.61% (three month average) |
RSI | 57 |
Latest Price | $45.0600(3.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2% a day on average for past five trading days. |
Weekly Trend | PXD declines -0.2% 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(58%) VWO(58%) |
Factors Impacting PXD price | PXD will decline at least -0.805% in a week (0% probabilities). TLT(-32%) SHY(-13%) TIP(-3%) REMX(2%) LQD(6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.805% (StdDev 1.61%) |
Hourly BBV | 0 () |
Intraday Trend | -2.9% |
| |
|
|