| PXD latest price $88.5100 (-0.87%) ($87.8400 - $89.6300) on Fri. Dec. 23, 2011. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.62% (three month average) |
RSI | 41 |
Latest Price | $88.5100(-0.87%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.7% 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(80%) OIH(76%) USO(55%) IWM(54%) SPY(53%) |
Factors Impacting PXD price | PXD will decline at least -1.81% in a week (0% probabilities). TLT(-29%) SHY(-3%) IGOV(1%) TIP(2%) LQD(3%) |
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 | -1.81% (StdDev 3.62%) |
Hourly BBV | 0 () |
Intraday Trend | -1.1% |
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