| PXD latest price $94.6300 (1.37%) ($93.5350 - $95.7000) on Tue. Sep. 15, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.51% (three month average) |
RSI | 27 |
Latest Price | $94.6300(1.37%) |
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 -5.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(78%) XOP(75%) IWD(52%) IWN(52%) |
Factors Impacting PXD price | PXD will decline at least -1.255% in a week (0% probabilities). VIXM(-26%) UUP(-19%) TLT(-17%) BNDX(-10%) VXX(-9%) |
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 | -1.255% (StdDev 2.51%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0.8% |
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