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Shares of Pioneer Natural Exhibit Possible Trend Reversal as it Trades Higher (PXD)

By Amy Schwartz

The price of Pioneer Natural shares has climbed to $84.97 (a 0.6% change) on heavy trading volume. Today's volume of 3.3 million shares tops the average 30-day volume of 2.9 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Pioneer Natural share prices have moved between a 52-week high of $159.01 and a 52-week low of $48.62 and are now trading 74% above that low price at $84.60 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 2.8%.

Keywords: unusual volume pioneer natural

Ticker(s): PXD