| PXD latest price $52.7100 (2.29%) ($51.2100 - $52.9100) on Mon. Jun. 4, 2007. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.63% (three month average) |
RSI | 78 |
Latest Price | $52.7100(2.29%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.6% 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) XOP(83%) OIH(79%) SPY(62%) IWM(61%) EEM(59%) |
Factors Impacting PXD price | PXD will decline at least -0.815% in a week (0% probabilities). TLT(-33%) SHY(-14%) TIP(-4%) LQD(7%) GLD(12%) |
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 | -0.815% (StdDev 1.63%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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