| PXD latest price $16.3700 (-0.49%) ($15.9300 - $16.7800) on Wed. Feb. 11, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.75% (three month average) |
RSI | 59 |
Latest Price | $16.3700(-0.49%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.4% 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(82%) OIH(77%) IWM(60%) SPY(60%) EEM(56%) |
Factors Impacting PXD price | PXD will decline at least -3.375% in a week (0% probabilities). TLT(-32%) SHY(-9%) TIP(-1%) LQD(4%) GLD(7%) |
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 | -3.375% (StdDev 6.75%) |
Hourly BBV | 0 () |
Intraday Trend | 0.7% |
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