| PXD latest price $43.5700 (3.3%) ($42.3500 - $43.6700) on Fri. Feb. 8, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.62% (three month average) |
RSI | 61 |
Latest Price | $43.5700(3.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.7% 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(84%) OIH(79%) SPY(63%) IWM(61%) EEM(60%) |
Factors Impacting PXD price | PXD will decline at least -1.31% 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 | -1.31% (StdDev 2.62%) |
Hourly BBV | 0 () |
Intraday Trend | 2.9% |
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