| PXD latest price $90.2900 (-4.24%) ($90.1700 - $95.9100) on Mon. Jun. 11, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 38 |
Latest Price | $90.2900(-4.24%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD declines -3.3% 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%) USO(55%) IWM(54%) SPY(52%) |
Factors Impacting PXD price | PXD will decline at least -1.325% in a week (0% probabilities). TLT(-28%) SHY(-3%) IGOV(-0%) TIP(3%) 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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 0 () |
Intraday Trend | -5.1% |
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