| PXD latest price $118.7900 (3.81%) ($113.7200 - $119.5200) on Thu. Dec. 10, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.8% (three month average) |
RSI | 71 |
Latest Price | $118.7900(3.81%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(75%) XOP(72%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.9% in a week (0% probabilities). VIXM(-25%) UUP(-21%) TLT(-15%) 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 | -1.9% (StdDev 3.8%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.5% |
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