| PXD latest price $95.0300 (10.38%) ($90.4700 - $95.3500) on Fri. Jul. 15, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.3% (three month average) |
RSI | 74 |
Latest Price | $95.0300(10.38%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.8% 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(57%) SPY(56%) USO(55%) |
Factors Impacting PXD price | PXD will decline at least -1.15% in a week (0% probabilities). TLT(-31%) SHY(-3%) TIP(-0%) LQD(3%) IGOV(4%) |
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 | -1.15% (StdDev 2.3%) |
Hourly BBV | 0 () |
Intraday Trend | 4.6% |
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