| PXD latest price $96.5200 (-0.31%) ($96.4100 - $98.5900) on Fri. Jul. 17, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.11% (three month average) |
RSI | 55 |
Latest Price | $96.5200(-0.31%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(78%) XOP(76%) IWN(53%) IWD(52%) |
Factors Impacting PXD price | PXD will decline at least -2.055% in a week (0% probabilities). VIXM(-28%) 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 | -2.055% (StdDev 4.11%) |
Hourly BBV | 0.1 () |
Intraday Trend | -0.8% |
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