| PXD latest price $94.1100 (-3.67%) ($93.5350 - $97.1700) on Fri. Jun. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.68% (three month average) |
RSI | 26 |
Latest Price | $94.1100(-3.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -4.4% a week on average for past two weeks. |
Market Behavior | Broad based 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(78%) XLE(78%) XOP(76%) IWN(54%) IWD(53%) |
Factors Impacting PXD price | PXD will decline at least -2.34% in a week (0% probabilities). VIXM(-29%) UUP(-19%) TLT(-18%) VXX(-10%) 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 | -2.34% (StdDev 4.68%) |
Hourly BBV | -0.6 () |
Intraday Trend | -2.5% |
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