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Pioneer Natural Bearish Moving Average Crossover Alert (PXD)

By David Diaz

Today, shares of Pioneer Natural (NYSE:PXD) have fallen below their 10-day MA of $135.80 on a volume of 326K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Pioneer Natural share prices have been bracketed by a low of $114.79 and a high of $189.78 and are now at $135.15, 18% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.2%.

SmarTrend is monitoring the recent change of momentum in Pioneer Natural. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pioneer Natural in search of a potential trend change.

Keywords: moving crosses pioneer natural

Ticker(s): PXD