| PXD latest price $183.3600 (0.9%) ($182.1500 - $186.9900) on Mon. Nov. 29, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 46 |
Latest Price | $183.3600(0.9%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(77%) XLE(68%) XOP(65%) USO(49%) IWD(48%) |
Factors Impacting PXD price | PXD will decline at least -1.055% in a week (0% probabilities). VIXM(-22%) UUP(-21%) TLT(-10%) IGOV(-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 | -1.055% (StdDev 2.11%) |
Hourly BBV | -0.3 () |
Intraday Trend | -0.3% |
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