| PXD latest price $15.8500 (7.09%) ($14.4500 - $15.8900) on Tue. Dec. 30, 2008. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.31% (three month average) |
RSI | 46 |
Latest Price | $15.8500(7.09%) |
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 -8.7% 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(82%) OIH(77%) IWM(60%) SPY(60%) EEM(57%) |
Factors Impacting PXD price | PXD will decline at least -4.155% in a week (0% probabilities). TLT(-32%) SHY(-9%) TIP(-3%) LQD(4%) GLD(6%) |
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 | -4.155% (StdDev 8.31%) |
Hourly BBV | 0 () |
Intraday Trend | 7.8% |
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