| PXD latest price $41.5700 (1.09%) ($41.3000 - $42.2200) on Tue. Jan. 29, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 36 |
Latest Price | $41.5700(1.09%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.2% a day on average for past five trading days. |
Weekly Trend | PXD declines -7.4% 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(84%) OIH(79%) SPY(62%) IWM(61%) EEM(60%) |
Factors Impacting PXD price | PXD will decline at least -1.29% in a week (0% probabilities). TLT(-33%) SHY(-13%) TIP(-3%) LQD(7%) GLD(11%) |
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 | -1.29% (StdDev 2.58%) |
Hourly BBV | 0 () |
Intraday Trend | -0.6% |
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