| PXD latest price $93.7200 (1.41%) ($93.3500 - $96.7300) on Tue. May. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.31% (three month average) |
RSI | 64 |
Latest Price | $93.7200(1.41%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(79%) XLE(79%) XOP(77%) IWN(57%) IWD(56%) |
Factors Impacting PXD price | PXD will decline at least -4.155% in a week (0% probabilities). VIXM(-32%) TLT(-21%) UUP(-19%) VXX(-11%) BNDX(-11%) |
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 | -4.155% (StdDev 8.31%) |
Hourly BBV | 1 () |
Intraday Trend | -3.1% |
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