Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $175.00 short call and a strike $185.00 long call offers a potential 23.46% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $8.10 would be incurred if the stock rose above the $185.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Pioneer Natural is bearish and the probability of a decline 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 30.46 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Pioneer Natural
Shale Drillers Keep Output High Despite Oil Price Decline
Tue, 18 Nov 2014 12:36:20 GMT
Primer: Why investors should watch crude oil inventories
Fri, 14 Nov 2014 16:22:12 GMT
Pioneer Natural Resources Goes Where Others Don’t in Tough Market
Wed, 12 Nov 2014 17:00:00 GMT
PIONEER NATURAL RESOURCES CO Financials
Tue, 11 Nov 2014 18:04:21 GMT
Why crude inventory data is key for energy investors
Mon, 10 Nov 2014 21:49:52 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook