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Pioneer Natural Resources Booked a New High
Published on Wednesday, 08 February 2012 11:34 Written by TradersHuddle Wire
New York, February 8th (TradersHuddle.com) - Shares of Pioneer Natural Resources Company (NYSE:PXD) booked a new 52 week high today by trading above $108.48, traders are definitely monitoring Pioneer's price action to see if this move attracts further buying into the stock.
Pioneer Natural Resources Company (NYSE:PXD) is an independent oil and gas exploration and production company with operations in the United States, South Africa, and Tunisia.
Pioneer Natural Resources is currently trading 2.46% versus its previous trading session close, and it has calculated support and resistance at $95.09 and $102.49 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range
The overall market index S&P 500 is trading lower by -0.3% from its previous trading close, which means that Pioneer Natural Resources stock is outperforming the overall market.
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Related Partner Headlines
- Pioneer Natural Stock To Go Ex-dividend Tomorrow (PXD) - TheStreet.com
- Pioneer Natural Resources Announces Acquisition of Carmeuse Industrial Sands - Benzinga
- Pioneer Natural Reaches New 52-Week High (PXD) - TheStreet.com
- Oppenheimer Maintains Pioneer Natural Resources at Outperform, Raises PT from $110 to $125 - Benzinga
- Sterne Agee Maintains Pioneer Natural Resources from Buy to , Raises PT to $131 - Benzinga
- UPDATE: Deutsche Bank Raises Target to $108 on Pioneer Natural Resources - Benzinga
- Pioneer Natural Reaches New 52-Week High (PXD) - TheStreet.com
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