| PXD latest price $67.4100 (-1.91%) ($67.2900 - $69.1200) on Wed. May. 14, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 75 |
Latest Price | $67.4100(-1.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 8.4% 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(63%) IWM(62%) EEM(60%) |
Factors Impacting PXD price | PXD will decline at least -1.255% in a week (0% probabilities). TLT(-33%) SHY(-12%) TIP(-3%) LQD(8%) GLD(10%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 0 () |
Intraday Trend | -2% |
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