| PXD latest price $207.6000 (-2.23%) ($206.0000 - $209.9400) on Thu. May. 25, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.11% (three month average) |
RSI | 43 |
Latest Price | $207.6000(-2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.4% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(81%) XOP(80%) OIH(68%) USO(65%) VYM(57%) |
Factors Impacting PXD price | PXD will decline at least -1.055% in a week (0% probabilities). SMH(-17%) XLK(-16%) QQQ(-16%) BNDX(-16%) BND(-16%) |
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 | -1.055% (StdDev 2.11%) |
Hourly BBV | -1.3 () |
Intraday Trend | -0.7% |
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