| PXD latest price $109.9600 (-1.25%) ($108.3300 - $111.1870) on Wed. Nov. 25, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.55% (three month average) |
RSI | 79 |
Latest Price | $109.9600(-1.25%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 3.1% a day on average for past five trading days. |
Weekly Trend | PXD advances 10.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(78%) XLE(76%) XOP(73%) USO(50%) IWD(49%) |
Factors Impacting PXD price | PXD will decline at least -1.775% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-16%) BNDX(-10%) VXX(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.775% (StdDev 3.55%) |
Hourly BBV | 0.7 () |
Intraday Trend | -0% |
| |
|
|