| PXD latest price $254.1100 (-3.16%) ($253.9600 - $261.8410) on Wed. Nov. 16, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.7% (three month average) |
RSI | 41 |
Latest Price | $254.1100(-3.16%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD declines -0.4% 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(71%) IWD(51%) DIA(47%) IWM(46%) IWN(46%) |
Factors Impacting PXD price | PXD will decline at least -1.35% in a week (0% probabilities). BNDX(-21%) UUP(-18%) SHY(-18%) VIXM(-9%) TBT(-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 | -1.35% (StdDev 2.7%) |
Hourly BBV | -1.9 () |
Intraday Trend | -2.2% |
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