| PXD latest price $75.4400 (7.85%) ($71.3600 - $75.5300) on Fri. Oct. 14, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.9% (three month average) |
RSI | 56 |
Latest Price | $75.4400(7.85%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2% a day on average for past five trading days. |
Weekly Trend | PXD advances 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(55%) USO(55%) SPY(54%) |
Factors Impacting PXD price | PXD will decline at least -1.95% in a week (0% probabilities). TLT(-30%) SHY(-3%) TIP(1%) IGOV(2%) LQD(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 | -1.95% (StdDev 3.9%) |
Hourly BBV | 0 () |
Intraday Trend | 5.4% |
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