| PXD latest price $43.4300 (1.54%) ($42.5900 - $43.5900) on Mon. Feb. 4, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.55% (three month average) |
RSI | 34 |
Latest Price | $43.4300(1.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -0.3% 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(63%) IWM(61%) EEM(60%) |
Factors Impacting PXD price | PXD will decline at least -1.275% 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 | -1.275% (StdDev 2.55%) |
Hourly BBV | 0 () |
Intraday Trend | 1.1% |
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