| PXD latest price $53.9000 (0.2%) ($53.0100 - $54.3200) on Wed. Mar. 24, 2010. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 80 |
Latest Price | $53.9000(0.2%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.9% 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 -1.095% 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 | -1.095% (StdDev 2.19%) |
Hourly BBV | 0 () |
Intraday Trend | 1.3% |
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