| PXD latest price $86.2700 (-4.82%) ($85.6800 - $91.1000) on Thu. Nov. 12, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.18% (three month average) |
RSI | 51 |
Latest Price | $86.2700(-4.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 2.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(77%) XOP(75%) IWN(51%) USO(51%) |
Factors Impacting PXD price | PXD will decline at least -1.59% in a week (0% probabilities). VIXM(-25%) UUP(-19%) TLT(-17%) BNDX(-11%) VXX(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.59% (StdDev 3.18%) |
Hourly BBV | -2.4 () |
Intraday Trend | -3.4% |
| |
|
|