| PXD latest price $135.1200 (2.82%) ($132.7400 - $138.4200) on Tue. Jan. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 80 |
Latest Price | $135.1200(2.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 9.2% 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(76%) XLE(74%) XOP(71%) USO(51%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.965% in a week (0% probabilities). VIXM(-24%) UUP(-21%) TLT(-15%) BNDX(-10%) VXX(-8%) |
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 | -1.965% (StdDev 3.93%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1.4% |
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