Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $143.00 short call and a strike $148.00 long call offers a potential 23.46% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $143.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock rose above the $148.00 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 45.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
4:05 pm Pioneer Natural Resources converted ~85% of its 2015 oil derivative contracts from three-way collars to fixed-price swaps; co's 2015 fixed-price oil swaps cover 82,000 barrels of oil production per day at an average NYMEX price of $
Wed, 07 Jan 2015 21:05:00 GMT
What the EIA forecasts for crude oil prices in 2015
Wed, 07 Jan 2015 15:13:02 GMT
Must-know: Crude oil prices almost halved in 2014
Wed, 07 Jan 2015 13:13:01 GMT
U.S. shale producer Pioneer restructures 2015 hedges
Wed, 07 Jan 2015 00:10:20 GMT
Reuters – Pioneer Natural Resources , a major producer in the Permian Basin of West Texas, said on Tuesday it has restructured most of its 2015 hedge position to protect against further falls in oil prices. The …
Pioneer Natural’s Wells Freeze as Cold Lashes Texas Shale
Tue, 06 Jan 2015 21:55:43 GMT
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