| PXD latest price $44.3600 (0.41%) ($44.0800 - $45.2900) on Thu. Feb. 14, 2008. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 70 |
Latest Price | $44.3600(0.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.3% 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 -1.195% 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. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.195% (StdDev 2.39%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|