PIONEER NATURAL RESOURCES CO (PXD) Stock Technical Analysis
NYSE:PXD - New York Stock Exchange, Inc. - US7237871071 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to PXD. Both in the recent history as in the last year, PXD has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PXD is one of the better performing stocks in the market, outperforming 83% of all stocks.
PXD is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 83% of 213 stocks in the same industry.
PXD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PXD is leading the market.
PXD has an average volume of 2005360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PXD has a been trading in a tight range between 263.69 and 278.83.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PXD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
212.81
278.29
When analyzing the support we can see 5 important areas.
- A support zone ranging from 267.65 to 268.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @232.78 from a horizontal line in the daily time frame.
- Support @228.69 from a trend line in the weekly time frame.
- Support @220.28 from a horizontal line in the daily time frame.
- Support @214.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 271.36 to 275.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PXD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PXD is up. |
| ChartMill Relative Strength | 83.34 | POSITIVE | PXD has a high relative strength, it outperformed 83.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PXD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PXD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.47 | NEUTRAL | The RSI value for PXD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.42 | NEGATIVE | The MACD value suggests PXD has a negative trend. |
| Stochastics (14,3) | 34.22 | NEUTRAL | The Stochastics value for PXD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for PXD suggests some volalility. |
| Average Directional Index/ADX (14) | 48.04 | POSITIVE | The high ADX value value for PXD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 275.54 | 267.64 | 7.90 (2.87%) | 25.00% |
| An entry @275.54. This is a Buy Stop order right above the resistance zone. | An exit @267.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.90 points, which is 2.87%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PXD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
269.62
+1.96 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.73%
1 Week-2.01%
2 Weeks0.62%
1 Month-0.08%
3 Month18.53%
6 Month10.64%
12 Month27.05%
2 Year-2.99%
3 Year77.16%
5 Year89.93%
10 Year28.29%
15 Year858.82%
Volatility
ATR(14)5.68
ATR(20)%2.02%
ATR Inc9.19%
Range Today3.09
ADR(20)5.22
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.34
Mansfield0.48
10 Day High277.35
10 Day Low263.69
20 Day High278.83
20 Day Low263.69
52 Week High278.83
52 Week Low196.75
CS1 End268.86
CR1 Start271.36
Volume & EV
DER(3)-2.09%
DER(5)-1.7%
Volume4.94M
Volume Incr108.47%
Vol(5)3.49M
Vol(50)2.01M