| PXD latest price $36.3600 (1.06%) ($35.3900 - $36.4700) on Tue. Sep. 29, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 80 |
Latest Price | $36.3600(1.06%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.2% 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(81%) OIH(76%) IWM(58%) SPY(57%) USO(56%) |
Factors Impacting PXD price | PXD will decline at least -1.305% in a week (0% probabilities). TLT(-32%) SHY(-6%) TIP(-1%) LQD(2%) IGOV(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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0 () |
Intraday Trend | 1.4% |
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