| PXD latest price $166.5800 (3.18%) ($159.8200 - $168.7600) on Wed. Jun. 2, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.6% (three month average) |
RSI | 59 |
Latest Price | $166.5800(3.18%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 2.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Rotation from growth to value 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 -1.3% 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 | -1.3% (StdDev 2.6%) |
Hourly BBV | 1.4 () |
Intraday Trend | 2.8% |
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