PIONEER NATURAL RESOURCES CO (PXD)

US7237871071 - Common Stock

269.62  +1.96 (+0.73%)

After market: 269.82 +0.2 (+0.07%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to PXD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PXD is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PXD did better than 83% of all other stocks.
PXD is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 210 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.
Weekly and Daily overview Charts
PXD Weekly chart
PXD Daily chart
Setup Rating and Analysis

7

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.

Support and Resistance Analysis

212.81

278.29

5 important support areas can be observed.

  • 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.

When analyzing the resistance we notice one important 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
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
Performance
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%
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)
Technical Indicators
MACD(12,26,9)-1.42
RSI(14)54.47
LBB264.77
UBB276.78
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
275.54267.647.90 (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%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%.

  • 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.
PXD Daily chart

PIONEER NATURAL RESOURCES CO

NYSE:PXD (5/2/2024, 7:15:12 PM)

After market: 269.82 +0.2 (+0.07%)

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
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.68
ATR(20)%2.02%
ATR Inc
Range Today3.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
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 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.94M
Volume Incr108.47%
Vol(5)3.49M
Vol(50)2.01M