Pioneer Natural's most recent trend suggests a bearish bias. One trading opportunity on Pioneer Natural is a Bear Call Spread using a strike $129.00 short call and a strike $134.00 long call offers a potential 42.86% 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 $129.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock rose above the $134.00 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 23.05 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
Analyzing ConocoPhillips’s Worldwide Operation Production Mix
Mon, 28 Aug 2017 14:37:07 +0000
For 2Q17, ConocoPhillips’s (COP) production mix was ~41% crude oil, ~9% bitumen, ~9% natural gas liquids, and ~41% natural gas.
[$$] Energy Shares Set for Worst Month Since 2015
Mon, 28 Aug 2017 04:13:14 +0000
Shares of energy companies are on track for their biggest monthly decline since the end of 2015, showing that stabilizing earnings aren’t enough to attract investors.
Cramer’s Exec Cut: CEOs reveal how government initiatives…
Fri, 25 Aug 2017 23:01:00 +0000
Jim Cramer drilled down with top CEOs to talk about everything from tax reform to school choice and so much more.
Zacks Value Trader Highlights: Exxon, Apache, Pioneer Natural Resources, QEP Resources and Range Resources
Fri, 25 Aug 2017 12:31:12 +0000
Zacks Value Trader Highlights: Exxon, Apache, Pioneer Natural Resources, QEP Resources and Range Resources
Pioneer Natural suspends Eagle Ford well completions ahead of Harvey
Thu, 24 Aug 2017 21:26:02 +0000
Pioneer Natural Resources Inc said on Thursday it has stopped completing oil wells in the Eagle Ford shale region of Texas ahead of Hurricane Harvey. “The safety of our employees is paramount in these …
Related Posts
Also on Market Tamer…
Follow Us on Facebook