| PXD latest price $116.7800 (5.31%) ($111.2700 - $116.8100) on Mon. Jun. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.12% (three month average) |
RSI | 78 |
Latest Price | $116.7800(5.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 4.7% a day on average for past five trading days. |
Weekly Trend | PXD advances 7.7% 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%) IWD(55%) IWN(55%) |
Factors Impacting PXD price | PXD will decline at least -4.06% in a week (0% probabilities). VIXM(-31%) TLT(-20%) 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 | -4.06% (StdDev 8.12%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0.5% |
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