| PXD latest price $92.7600 (2.74%) ($89.3500 - $92.9300) on Tue. Jun. 12, 2012. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 40 |
Latest Price | $92.7600(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.7% a day on average for past five trading days. |
Weekly Trend | PXD declines -3.2% 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%) USO(55%) IWM(54%) SPY(52%) |
Factors Impacting PXD price | PXD will decline at least -1.335% 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 | -1.335% (StdDev 2.67%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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