| PXD latest price $208.9400 (2.44%) ($204.9600 - $210.4500) on Fri. May. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.16% (three month average) |
RSI | 39 |
Latest Price | $208.9400(2.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PXD declines -1.3% 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) XLE(81%) XOP(79%) OIH(68%) USO(66%) VYM(57%) |
Factors Impacting PXD price | PXD will decline at least -1.08% in a week (0% probabilities). UUP(-17%) BNDX(-17%) BND(-17%) QQQ(-16%) XLK(-14%) |
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 | -1.08% (StdDev 2.16%) |
Hourly BBV | 1.2 () |
Intraday Trend | 1.6% |
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