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Pioneer Natural Resources Bullish Moving Average Crossover Alert (PXD)

By James Quinn

Today, shares of Pioneer Natural Resources (NYSE:PXD) have advanced above their 10-day MA of $153.17 on a volume of 1.1 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Pioneer Natural Resources have traded between a low of $103.50 and a high of $173.59 and are now at $155.16, which is 50% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.2% while the 200-day MA has risen 0.5%.

SmarTrend is tracking the current trend status for Pioneer Natural Resources and will alert subscribers who have PXD in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses pioneer natural resources

Ticker(s): PXD