| PXD latest price $102.7300 (-5.34%) ($102.7200 - $106.8000) on Wed. Jun. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.26% (three month average) |
RSI | 65 |
Latest Price | $102.7300(-5.34%) |
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 8.5% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based 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(55%) IWN(55%) |
Factors Impacting PXD price | PXD will decline at least -3.13% 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 | -3.13% (StdDev 6.26%) |
Hourly BBV | -1.2 () |
Intraday Trend | -3.5% |
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