| PXD latest price $45.2800 (-0.4%) ($43.8500 - $45.9200) on Wed. Sep. 19, 2007. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.77% (three month average) |
RSI | 81 |
Latest Price | $45.2800(-0.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.7% 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%) VWO(60%) |
Factors Impacting PXD price | PXD will decline at least -0.885% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.885% (StdDev 1.77%) |
Hourly BBV | 0 () |
Intraday Trend | 3.2% |
| |
|
|