| PXD latest price $256.4800 (1.46%) ($249.7300 - $259.8600) on Thu. May. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.25% (three month average) |
RSI | 48 |
Latest Price | $256.4800(1.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.8% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(79%) XLE(64%) XOP(61%) IWD(51%) IFRA(47%) |
Factors Impacting PXD price | PXD will decline at least -1.125% in a week (0% probabilities). UUP(-24%) VIXM(-22%) SHY(-11%) BNDX(-11%) TLT(-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 | -1.125% (StdDev 2.25%) |
Hourly BBV | 1.2 () |
Intraday Trend | -0.5% |
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