| PXD latest price $152.3200 (3.89%) ($149.1400 - $154.2600) on Mon. Jun. 17, 2013. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.2% (three month average) |
RSI | 59 |
Latest Price | $152.3200(3.89%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.4% 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 -1.1% in a week (0% probabilities). TLT(-25%) BNDX(-9%) SHY(-2%) IGOV(-2%) GLD(1%) |
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 | -1.1% (StdDev 2.2%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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