Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 18.34% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $8.45 would be incurred if the stock rose above the $150.00 long call 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 down which suggests that the medium-term momentum for Pioneer Natural is bearish.
The RSI indicator is at 21.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
Can The Permian Push Prices Down To $40?
Mon, 14 Aug 2017 23:00:00 +0000
Analysts have revised their production growth forecasts for the Permian, expecting output to rise significantly by the end of the year
Supply Risks Could Push Oil Prices Higher This Week
Mon, 14 Aug 2017 23:00:00 +0000
As oil prices fell on Monday morning, the narrative of an oversupplied oil market was reinforced, but these more bearish projections may well be overblown
4 Things Pioneer Natural Resources Wants You to Know About What's Really Happening in the Permian Basin
Mon, 14 Aug 2017 22:07:00 +0000
The driller does a deep dive about what’s going on with its wells in the Permian Basin.
Fracking boom: US shale oil output to top 6 million barrels a day in August and September
Mon, 14 Aug 2017 19:39:40 +0000
U.S. shale oil regions will keep posting production growth above 100,000 barrels a day in September, the Energy Information Administration forecast.
ConocoPhillips Stock Underperformed Crude Oil and Natural Gas
Mon, 14 Aug 2017 19:19:06 +0000
For the week ended August 11, 2017, crude oil (USO) retreated from $49.58 per barrel to $48.82 per barrel, a 2.0% fall.
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