| PXD latest price $234.0600 (1.77%) ($231.3300 - $236.0000) on Fri. Aug. 4, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.45% (three month average) |
RSI | 93 |
Latest Price | $234.0600(1.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 1% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support PXD advance at 0% a week (0% probability) OIH(74%) TAN(71%) REMX(67%) XOP(66%) USO(52%) |
Factors Impacting PXD price | PXD will decline at least -0.725% in a week (0% probabilities). SMH(-70%) IVW(-46%) XHB(-38%) SPY(-35%) QQQ(-35%) |
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 | -0.725% (StdDev 1.45%) |
Hourly BBV | 1 () |
Intraday Trend | 1% |
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