| PXD latest price $94.6100 (-1.36%) ($94.5700 - $98.9600) on Wed. Nov. 18, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.3% (three month average) |
RSI | 65 |
Latest Price | $94.6100(-1.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.9% a day on average for past five trading days. |
Weekly Trend | PXD advances 6.4% 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(79%) XLE(77%) XOP(75%) IWN(52%) IWD(51%) |
Factors Impacting PXD price | PXD will decline at least -1.65% in a week (0% probabilities). VIXM(-26%) UUP(-20%) 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 | -1.65% (StdDev 3.3%) |
Hourly BBV | 0.4 () |
Intraday Trend | -2% |
| |
|
|