| PXD latest price $114.5700 (3.55%) ($109.8950 - $114.9200) on Wed. Dec. 30, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.82% (three month average) |
RSI | 51 |
Latest Price | $114.5700(3.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.1% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.5% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally 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 -1.91% 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 | -1.91% (StdDev 3.82%) |
Hourly BBV | 2 () |
Intraday Trend | 3.8% |
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