| PXD latest price $131.9900 (4.46%) ($127.2800 - $133.4110) on Thu. Jan. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.92% (three month average) |
RSI | 65 |
Latest Price | $131.9900(4.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 3% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(76%) XLE(74%) XOP(71%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.96% 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 | -1.96% (StdDev 3.92%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.8% |
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