• Return to Headlines

Pioneer Natural Bullish Moving Average Crossover Alert (PXD)

By Amy Schwartz

Pioneer Natural (NYSE:PXD) shares have crossed bullishly above their 10-day moving average of $129.09 on a volume of 159K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Pioneer Natural share prices have been bracketed by a low of $125.46 and a high of $199.83 and are now at $130.42, 4% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 2.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Pioneer Natural on August 2nd, 2017 by issuing a Downtrend alert when the shares were trading at $143.32. Since that call, shares of Pioneer Natural have fallen 10.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses pioneer natural

Ticker(s): PXD