| PXD latest price $43.0300 (5.62%) ($41.7500 - $43.5800) on Mon. Dec. 14, 2009. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.81% (three month average) |
RSI | 58 |
Latest Price | $43.0300(5.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.1% 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 -1.405% in a week (0% probabilities). TLT(-32%) SHY(-6%) TIP(-1%) LQD(2%) IGOV(5%) |
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 | -1.405% (StdDev 2.81%) |
Hourly BBV | 0 () |
Intraday Trend | 2.3% |
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