Pioneer Natural Resources Company Forecast and Stock Analysis
Technical PXD stock analysis for Friday May 24, 2019.
|Shorts||1.84% ( 2019-04-15 )|
|Price to book||USD 2.01|
|Next Earnings Date||2019-08-06|
No changes to the price of Pioneer Natural Resources Company in the last trading day ( Friday, 24th May 2019 ). During day the stock fluctuated 0.00% from a day low at $145.58 to a day high of $145.58. The price has fallen in 5 of the last 10 days and is down by -4% for this period.
- 30 day high of the PXD stock price was $177.90 and low was $143.04.
- 90 day high was $178.22 and low was $129.68.
- 52 week high for the Pioneer Natural Resources Company - $198.61 and low - $119.08.
Pioneer Natural Resources Company has broken the very wide and strong rising short-term trend down. This signalize a slower rising rate, but may also be an early warning about a possible trend shift. Due to trend being broken there will now be resistance at the bottom line of the trend at $145.93. A reaction back to this level may hold a second chance to get out before further falls.
A buy signal was issued from a pivot bottom point on Thursday May 23, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Pioneer Natural Resources Company holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $152.26 and $158.36. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 38 and the stock is currently not being overbought or oversold
Support & Resistance
Pioneer Natural Resources Company finds support from accumulated volume at $144.44.
This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 2.25%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
2.25 %Average volatility
Very Low Low Medium High Very High
The Pioneer Natural Resources Company stock holds several negative signals and despite the positive trend we believe Pioneer Natural Resources Company will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.
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|PXD $145.58 ($0.00 0.00%)|
PXD is down $0.00 today, but where's it headed in 2019?
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