| PXD latest price $157.2200 (4.07%) ($152.1950 - $158.4400) on Wed. Apr. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.49% (three month average) |
RSI | 60 |
Latest Price | $157.2200(4.07%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(73%) XOP(70%) USO(50%) IWD(49%) |
Factors Impacting PXD price | PXD will decline at least -1.245% in a week (0% probabilities). VIXM(-25%) UUP(-22%) TLT(-14%) 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 | -1.245% (StdDev 2.49%) |
Hourly BBV | 1.7 () |
Intraday Trend | 3.1% |
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