| PXD latest price $243.4500 (0.6%) ($235.3600 - $244.2900) on Mon. Aug. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 62 |
Latest Price | $243.4500(0.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.2% a day on average for past five trading days. |
Weekly Trend | PXD advances 4.3% 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(76%) IWD(50%) XLE(48%) IWO(47%) DIA(46%) |
Factors Impacting PXD price | PXD will decline at least -1.35% in a week (0% probabilities). UUP(-26%) VIXM(-15%) SHY(-8%) EDOC(-7%) BNDX(-6%) |
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 | -1.35% (StdDev 2.7%) |
Hourly BBV | 1 () |
Intraday Trend | 1.4% |
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