| PXD latest price $102.7200 (6%) ($98.7100 - $103.3600) on Tue. Jul. 21, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.04% (three month average) |
RSI | 57 |
Latest Price | $102.7200(6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.8% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -2.02% in a week (0% probabilities). VIXM(-28%) UUP(-18%) TLT(-17%) 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 | -2.02% (StdDev 4.04%) |
Hourly BBV | -1.4 () |
Intraday Trend | 4.1% |
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