Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $113.00 short call and a strike $118.00 long call offers a potential 56.25% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $113.00 by expiration. The full premium credit of $1.80 would be kept by the premium seller. The risk of $3.20 would be incurred if the stock rose above the $118.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Pioneer Natural is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Pioneer Natural is bearish.
The RSI indicator is at 27.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
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Thu, 21 Jan 2016 19:13:00 GMT
3 Reasons Pioneer Natural Resources' Stock Could Fall
Thu, 21 Jan 2016 17:31:00 GMT
Water Project to Save Millions of Gallons of Freshwater Throughout Permian Basin
Wed, 20 Jan 2016 20:45:10 GMT
noodls – Odessa, Texas, January 20, 2016 – Pioneer Natural Resources Company (NYSE:PXD) (‘Pioneer' or ‘the Company') today announced the start-up of a 20-mile, $25 million infrastructure project to both save water …
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