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Pioneer Southwest Energy Partners (PSE) Downgrade Alert, Watch for 13.2% Technical Uptrend Reversal

Written on Fri, 07/30/2010 - 11:43am
By Chip Brian

Pioneer Southwest Energy Partners (NYSE:PSE) downgraded to Underperform from Neutral at BofA/Merrill. The stock closed yesterday at $27.26 on volume of 54,900 shares, below average daily volume of 74,393.
Pioneer Southwest Energy Partners is currently above its 50-day moving average of $24.87 and above its 200-day moving average of $23.07.
SmarTrend is bullish on shares of PSE and our subscribers received an Uptrend alert on May 12, 2010 at $24.07, which has returned 13.2% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): PSE

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