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Pioneer Natural Resources Crosses Below its 10-day MA (PXD)

By Nick Russo

Today, shares of Pioneer Natural Resources (NYSE:PXD) have fallen below their 10-day MA of $188.21 on a volume of 175K 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 Resources share prices have been bracketed by a low of $103.50 and a high of $193.39 and are now at $187.60, 81% 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