| PXD latest price $207.7400 (0.27%) ($206.1900 - $208.6300) on Mon. Jul. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 1.68% (three month average) |
RSI | 53 |
Latest Price | $207.7400(0.27%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.6% a day on average for past five trading days. |
Weekly Trend | PXD advances 0.4% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) XOP(79%) XLE(76%) USO(65%) OIH(60%) REMX(42%) |
Factors Impacting PXD price | PXD will decline at least -0.84% in a week (0% probabilities). SMH(-33%) IVW(-27%) QQQ(-24%) XLK(-18%) TBT(-15%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -0.84% (StdDev 1.68%) |
Hourly BBV | 0 () |
Intraday Trend | 0.1% |
| |
|
|