| PXD latest price $113.1100 (-2.13%) ($111.9100 - $118.2050) on Mon. Dec. 14, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.83% (three month average) |
RSI | 60 |
Latest Price | $113.1100(-2.13%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.5% a day on average for past five trading days. |
Weekly Trend | PXD advances 4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off 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(77%) XLE(74%) XOP(72%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.915% in a week (0% probabilities). VIXM(-25%) UUP(-22%) 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 | -1.915% (StdDev 3.83%) |
Hourly BBV | -1.4 () |
Intraday Trend | -4.2% |
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