| PXD latest price $83.5000 (1.58%) ($80.1200 - $85.9300) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.61% (three month average) |
RSI | 38 |
Latest Price | $83.5000(1.58%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD declines -2.4% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(77%) XOP(75%) IWD(51%) IWN(51%) |
Factors Impacting PXD price | PXD will decline at least -1.305% in a week (0% probabilities). VIXM(-27%) UUP(-19%) TLT(-17%) BNDX(-11%) 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 | -1.305% (StdDev 2.61%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.9% |
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