| PXD latest price $225.1000 (2.14%) ($221.5000 - $227.1600) on Wed. Apr. 12, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.31% (three month average) |
RSI | 88 |
Latest Price | $225.1000(2.14%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1.3% a day on average for past five trading days. |
Weekly Trend | PXD advances 6% 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) XLE(76%) XOP(76%) OIH(69%) USO(61%) VYM(51%) |
Factors Impacting PXD price | PXD will decline at least -1.155% in a week (0% probabilities). VXX(-23%) VIXM(-21%) BNDX(-20%) BND(-19%) SMH(-18%) |
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 | -1.155% (StdDev 2.31%) |
Hourly BBV | 1.6 () |
Intraday Trend | 1.6% |
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