| PXD latest price $271.0800 (-1.97%) ($266.3300 - $279.9800) on Wed. May. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.63% (three month average) |
RSI | 69 |
Latest Price | $271.0800(-1.97%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 5.3% 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(52%) IWN(48%) |
Factors Impacting PXD price | PXD will decline at least -1.315% in a week (0% probabilities). UUP(-25%) VIXM(-22%) SHY(-12%) BNDX(-11%) TLT(-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 | -1.315% (StdDev 2.63%) |
Hourly BBV | -1 () |
Intraday Trend | -2.8% |
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