| PXD latest price $84.4400 (-6.17%) ($84.4400 - $88.7500) on Mon. May. 11, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.15% (three month average) |
RSI | 66 |
Latest Price | $84.4400(-6.17%) |
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 3.8% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(79%) XLE(79%) XOP(77%) IWD(57%) IWN(57%) |
Factors Impacting PXD price | PXD will decline at least -4.075% in a week (0% probabilities). VIXM(-32%) UUP(-20%) TLT(-20%) VXX(-12%) BNDX(-10%) |
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 | -4.075% (StdDev 8.15%) |
Hourly BBV | -1.4 () |
Intraday Trend | -4.3% |
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