| PXD latest price $236.5900 (1.37%) ($233.8900 - $238.9050) on Wed. Aug. 9, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.41% (three month average) |
RSI | 91 |
Latest Price | $236.5900(1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | PXD advances 0.8% a day on average for past five trading days. |
Weekly Trend | PXD advances 3.6% 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) REMX(79%) OIH(73%) TAN(69%) XOP(63%) USO(53%) |
Factors Impacting PXD price | PXD will decline at least -0.705% in a week (0% probabilities). SMH(-84%) IVW(-61%) SPY(-47%) QQQ(-46%) XHB(-42%) |
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 | -0.705% (StdDev 1.41%) |
Hourly BBV | 1.4 () |
Intraday Trend | 1% |
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