| PXD latest price $152.0800 (-0.92%) ($151.0300 - $155.6100) on Wed. Jul. 10, 2013. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.22% (three month average) |
RSI | 47 |
Latest Price | $152.0800(-0.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 1.5% 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 -1.11% in a week (0% probabilities). TLT(-26%) BNDX(-9%) SHY(-2%) IGOV(-2%) GLD(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.11% (StdDev 2.22%) |
Hourly BBV | 0 () |
Intraday Trend | -1.3% |
| |
|
|