Pioneer Natural Resources Stock Technical Analysis

PXD Stock  USD 275.52  0.29  0.11%   
As of the 25th of April, Pioneer Natural holds the Risk Adjusted Performance of 0.242, coefficient of variation of 261.83, and Semi Deviation of 0.3799. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pioneer Natural, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Pioneer Natural Resources, which can be compared to its competitors. Please check Pioneer Natural Resources variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Pioneer Natural Resources is priced some-what accurately, providing market reflects its current price of 275.52 per share. Given that Pioneer Natural has jensen alpha of 0.3306, we recommend you to check out Pioneer Natural Resources's recent market performance to make sure the company can sustain itself at a future point.

Pioneer Natural Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pioneer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Pioneer
  
Pioneer Natural's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Pioneer Natural Analyst Consensus

Target PriceAdvice# of Analysts
263.3Buy25Odds
Pioneer Natural Resources current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Pioneer analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Pioneer stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pioneer Natural Resources, talking to its executives and customers, or listening to Pioneer conference calls.
Pioneer Analyst Advice Details
Pioneer Natural technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Pioneer Natural technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Pioneer Natural trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Pioneer Natural Resources Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Pioneer Natural Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Pioneer Natural Resources Trend Analysis

Use this graph to draw trend lines for Pioneer Natural Resources. You can use it to identify possible trend reversals for Pioneer Natural as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Pioneer Natural price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Pioneer Natural Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pioneer Natural Resources applied against its price change over selected period. The best fit line has a slop of   1.00  , which may imply that Pioneer Natural Resources will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 37804.88, which is the sum of squared deviations for the predicted Pioneer Natural price change compared to its average price change.

About Pioneer Natural Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Pioneer Natural Resources on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Pioneer Natural Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pioneer Natural Resources price pattern first instead of the macroeconomic environment surrounding Pioneer Natural Resources. By analyzing Pioneer Natural's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Pioneer Natural's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Pioneer Natural specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03760.110.06270.0658
Price To Sales Ratio2.372.252.722.86

Pioneer Natural April 25, 2024 Technical Indicators

Most technical analysis of Pioneer help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Pioneer from various momentum indicators to cycle indicators. When you analyze Pioneer charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Pioneer Natural April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Pioneer stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Pioneer Natural Resources is a strong investment it is important to analyze Pioneer Natural's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pioneer Natural's future performance. For an informed investment choice regarding Pioneer Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pioneer Natural Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Pioneer Stock analysis

When running Pioneer Natural's price analysis, check to measure Pioneer Natural's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pioneer Natural is operating at the current time. Most of Pioneer Natural's value examination focuses on studying past and present price action to predict the probability of Pioneer Natural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pioneer Natural's price. Additionally, you may evaluate how the addition of Pioneer Natural to your portfolios can decrease your overall portfolio volatility.
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Is Pioneer Natural's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pioneer Natural. If investors know Pioneer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pioneer Natural listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
13.96
Earnings Share
20.2
Revenue Per Share
82.795
Quarterly Revenue Growth
(0.02)
The market value of Pioneer Natural Resources is measured differently than its book value, which is the value of Pioneer that is recorded on the company's balance sheet. Investors also form their own opinion of Pioneer Natural's value that differs from its market value or its book value, called intrinsic value, which is Pioneer Natural's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pioneer Natural's market value can be influenced by many factors that don't directly affect Pioneer Natural's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pioneer Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pioneer Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pioneer Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.