Pioneer Natural's most recent trend suggests a bullish bias. One trading opportunity on Pioneer Natural is a Bull Put Spread using a strike $185.00 short put and a strike $175.00 long put offers a potential 24.22% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $8.05 would be incurred if the stock dropped below the $175.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Pioneer Natural is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Pioneer Natural is bullish.
The RSI indicator is at 41.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
Oil Producers Overtaking Refiners on Flood of U.S. Shale: Energy
Thu, 14 Nov 2013 22:32:53 GMT
Bloomberg – Energy investors are shifting their attention from U.S. refining stocks that added $20 billion in market value last year to oil producers promising record output in shale fields.
Pioneer Upbeat on Spraberry, Wolfcamp
Thu, 14 Nov 2013 18:10:03 GMT
PIONEER NATURAL RESOURCES CO Financials
Thu, 14 Nov 2013 18:04:17 GMT
This key factor could impact Permian names like Pioneer and Concho
Thu, 14 Nov 2013 17:46:39 GMT
Cline Shale: Another Home Run For U.S. Shale Oil?
Thu, 14 Nov 2013 15:54:42 GMT
Seeking Alpha – Presenting to investors its macro view on the strategic direction of the U.S. domestic oil supply, EOG Resources ( EOG ) often makes the argument that the Eagle Ford Shale and the Bakken will remain unrivaled …
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