PXD stock: buy or sell

PXD stock price: $147.10 0.81% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021


PXD stock brief

  • Pioneer Natural Resources closed on Wednesday at $147.10 after just changing a 0.81%.
  • Price is drawing a scaled uptrend since October 2020 with higher tops and higher bottoms. This rally marked a 93.71% gain
  • Scotiabank published a hold rating for Pioneer Natural Resources on Wednesday, forecasting $175.00
  • Pioneer Natural Resources Company operates as an independent oil and gas exploration and production company in the United States.

Should I buy Pioneer Natural Resources stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $PXD stock a buy?

In the current situation of Pioneer Natural Resources there is not any eligible buy setup. This doesn't mean we expect a selloff for $PXD in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Pioneer Natural Resources stock?

When you own stock shares with some profit, it's really difficult to decide the good moment to sell and get your profits. Trading strategies help us to avoid rash decisions based on our personal moods or the buzz surrounding the market. We like very simple setups to guide us on when is a good moment to sell our shares. Be aware that these setups should not be used for selling short Pioneer Natural Resources stock

As a golden rule, you should never hold an operation that produces greater losses than those expected upon the buy. The timing to sell shares always has to be determined by the stop-loss (automatic or manual)

Is it time to sell Pioneer Natural Resources stock?

In the current situation of Pioneer Natural Resources there is not any eligible sell setup, so Pioneer Natural Resources stock holders with operations in green can keep their positions

Pioneer Natural Resources ratings

In the last 30 days, 14 ratings were published for Pioneer Natural Resources

Pioneer Natural Resources analysts' ratings - Last month
Brokerage firmRating
Mar 23rd, 2021
Citigroup Neutral
KeyCorp Buy
Apr 5th, 2021
Cowen Buy
Credit Suisse Group Buy
Mizuho Neutral
MKM Partners Neutral
Morgan Stanley
Piper Sandler Buy
Raymond James Neutral
Wells Fargo & Company Buy
Apr 6th, 2021
JPMorgan Chase & Co. BuyNeutral
Apr 13th, 2021
JPMorgan Chase & Co. BuyNeutral
Apr 15th, 2021
Apr 21st, 2021

Pioneer Natural Resources stock analysis

Pioneer Natural Resources shares started an uptrend in October 2020, and gained a gorgeous 93.71%. During this uptrend, the price gave some buy points on the breakouts. Latest low was last January, when price bounced at $114.75. Like in all uptrends, price needs to rest and currently price is moving in a range between $168.91 and $114.75

SMAs overview

PXD stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $147.21 (0.07% above)
  • R2: $148.27 (0.80% above)
  • R3: $148.28 (0.80% above)
  • The current support levels are:

  • S1: $144.12 (-2.03% below)
  • S2: $144.11 (-2.03% below)
  • S3: $143.09 (-2.73% below)
  • Bollinger bands

    Since the price broke down the lower band on April 12, the price bounced off by 2.19%

    PXD stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 in mid-March after just crossing to the overbough zone for just one day (weak signal). The RSI value on Wednesday was 43.8. Pioneer Natural Resources shares dropped a 12.80% since RSI lost the overbought zone

    PXD stock RSI chart

    Pioneer Natural Resources stock price history

    Pioneer Natural Resources went public on Aug 8th, 1997 priced at $34.68 per share1. Since then, PXD stock has risen by 324.16%, with an average of 14.09% per year. If you had invested $1,000USD in Pioneer Natural Resources stock at that time, it would have a value of $4,241.64 today.

    1: Adjusted price after possible price splits or reverse-splits

    PXD stock price history chart

    Price target for Pioneer Natural Resources stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.

    Along with buy or sell recommendations, brokerage institutions post their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new financial data by the company, and many times. Again, these estimates are not direct recommendations for individual investors and should not be followed blindly.

    There are 14 price forecasts released for Pioneer Natural Resources that average $194.71. That is a 32.37% than the last price ($147.10).

    Pioneer Natural Resources stock price predictions
    Brokerage firmPrice target
    Mar 23rd, 2021
    Citigroup $154.00$196.00
    KeyCorp $168.00$178.00
    Apr 5th, 2021
    Cowen $160.00$175.00
    Credit Suisse Group $172.00$195.00
    Mizuho $186.00$213.00
    MKM Partners $207.00$220.00
    Morgan Stanley $160.00$170.00
    Piper Sandler $220.00$226.00
    Raymond James $235.00$245.00
    Wells Fargo & Company $192.00$204.00
    Apr 6th, 2021
    JPMorgan Chase & Co. $168.00$177.00
    Apr 13th, 2021
    JPMorgan Chase & Co. $177.00
    Apr 15th, 2021
    Scotiabank $180.00$175.00
    Apr 21st, 2021
    Scotiabank $180.00$175.00

    Earnings and financials

    Last February, Pioneer Natural Resources Company ($PXD) posted EPS for that significantly beat Wall St. expectations. Quarterly EPS was $1.07 per share vs the estimates of $0.69. This quarterly report means an earnings surprise of 55.07%. Turnover was $1.0 billion compared to $953.6 million predicted by analysts.

    In contrast, the EPS for the same quarter last year was $2.36, so posted EPS is a reduction of -54.66%. Sales tanked a -23.67% on an annualized basis in the , from $26.4B to $20.2B last quarter.

    PXD ($PXD) is hosting the Q1 earnings call next Wednesday. Analysts predict of $1.50, that is a 40.19% higher than previous quarter.

    Pioneer Natural Resources performance

    PXD performance compared
    Pioneer Natural Resources ($PXD) -4.70% 12.10% 79.30%

    Important note:
    The viewpoints published in this article are personal and not recommendations for you to buy or sell stocks. The author of this text does not have any knowledge of the specific positions of the reader, his or her financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are posted for general educational purposes only

    PXD summary

    Wednesday, April 21st, 2021
    Day range$141.35 - $147.67
    Previous close$145.92
    Session gain0.81%
    Average true range$6.28
    50d mov avg$151.54
    100d mov avg$134.88
    200d mov avg$114.00
    Earnings dateMay 5th, 2021

    Frequently asked questions

    What is Pioneer Natural Resources stock symbol?

    Pioneer Natural Resources Company is a public company trading in the US stock market with the PXD symbol

    Is Pioneer Natural Resources stock a buy or sell?

    Pioneer Natural Resources received 14 ratings in the last 30 days: 5 bullish, 0 bearish and 6 neutral.

    Will PXD go up?

    Pioneer Natural Resources had different price predictions published by market analysts in the last 30 days setting the target price to $194.71. That is a 32.37% than the last price ($147.10).