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 $180.00 long put offers a potential 14.94% return on risk over the next 11 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 $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $180.00 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 60.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore
Fri, 07 Apr 2017 13:30:01 +0000
The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore
ExxonMobil May Acquire Petrochemical Complex in Singapore
Fri, 07 Apr 2017 12:53:12 +0000
ExxonMobil Corporation (XOM) is reportedly holding discussions for the acquisition of a refining and petrochemical complex in Singapore.
EIA Reports Surprise Build in Domestic Oil Supplies
Thu, 06 Apr 2017 20:32:08 +0000
Government figures showed an unexpected rise in oil inventories.
5 Oil Stock Earnings Set to Double in Q1
Thu, 06 Apr 2017 18:30:06 +0000
We have zeroed in on a few oil stocks that have the potential to post a substantial increase in first quarter 2017 earnings from the year-ago comparable quarter.
Enterprise Products Announces Quarterly Distribution Hike
Thu, 06 Apr 2017 14:09:02 +0000
Enterprise Products Partners LP (EPD) recently announced that it has received approval from the board of directors of its general partner to increase its quarterly cash distribution.
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