| PXD latest price $188.3300 (1.25%) ($184.6600 - $188.8900) on Wed. Jan. 24, 2018. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.65% (three month average) |
RSI | 74 |
Latest Price | $188.3300(1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.3% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(82%) OIH(80%) XLE(80%) IWD(62%) IVE(61%) |
Factors Impacting PXD price | PXD will decline at least -0.825% in a week (0% probabilities). TLT(-27%) VIXM(-18%) UUP(-14%) BNDX(-8%) BLOK(-6%) |
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 | -0.825% (StdDev 1.65%) |
Hourly BBV | 0 () |
Intraday Trend | 1.9% |
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