| PXD latest price $251.1800 (3.19%) ($240.3800 - $253.5700) on Wed. Oct. 5, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.65% (three month average) |
RSI | 51 |
Latest Price | $251.1800(3.19%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 3.2% a day on average for past five trading days. |
Weekly Trend | PXD declines -0.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(74%) IWD(50%) DIA(47%) IWM(46%) IWO(46%) |
Factors Impacting PXD price | PXD will decline at least -1.325% in a week (0% probabilities). UUP(-21%) VIXM(-12%) SHY(-12%) BNDX(-9%) TBT(-7%) |
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 | -1.325% (StdDev 2.65%) |
Hourly BBV | 1.5 () |
Intraday Trend | 2.6% |
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