| PXD latest price $161.4400 (6.08%) ($154.7550 - $162.1700) on Tue. Jun. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.57% (three month average) |
RSI | 53 |
Latest Price | $161.4400(6.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(72%) XOP(69%) USO(50%) IWD(49%) |
Factors Impacting PXD price | PXD will decline at least -1.285% in a week (0% probabilities). VIXM(-25%) UUP(-21%) TLT(-15%) BNDX(-10%) SHY(-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 | -1.285% (StdDev 2.57%) |
Hourly BBV | 1.6 () |
Intraday Trend | 4.2% |
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