| PXD latest price $126.3100 (6.17%) ($119.1300 - $127.8600) on Thu. May. 2, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 58 |
Latest Price | $126.3100(6.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.8% 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%) USO(54%) IWM(53%) SPY(51%) |
Factors Impacting PXD price | PXD will decline at least -1.08% in a week (0% probabilities). TLT(-26%) SHY(-2%) IGOV(-2%) GLD(2%) TIP(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.08% (StdDev 2.16%) |
Hourly BBV | 0 () |
Intraday Trend | 5.8% |
| |
|
|