Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $155.00 short call and a strike $160.00 long call offers a potential 29.87% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $155.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock rose above the $160.00 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 36.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Pioneer Natural
New Drilling To Start As Oil Prices Firm Up
Wed, 29 Jun 2016 17:43:00 GMT
How Crude Oil Has Affected Pioneer Natural Resources’ Earnings
Wed, 29 Jun 2016 16:27:25 GMT
The Reasons behind Pioneer Natural Resources’ Equity Offering
Wed, 29 Jun 2016 16:27:09 GMT
ConocoPhillips Is in No Hurry to Restart Its Growth Engine
Tue, 28 Jun 2016 16:15:00 GMT
The C-Suite Speaks: Winding Down Q2
Mon, 27 Jun 2016 20:35:51 GMT
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