| PXD latest price $89.4800 (0.61%) ($88.3200 - $90.1700) on Thu. Oct. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 36 |
Latest Price | $89.4800(0.61%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(77%) XOP(75%) IWD(51%) IWN(51%) |
Factors Impacting PXD price | PXD will decline at least -1.215% in a week (0% probabilities). VIXM(-26%) UUP(-18%) TLT(-16%) 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 | -1.215% (StdDev 2.43%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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