When the Price of Pioneer Natural Resources $PXD Talks, People Listen

September 20, 2023, 16:30 pm ET, BY Scott B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for PXD

• Buy PXD slightly over 212.08 target 232.68 stop loss @ 211.47 Details

The technical summary data tells us to buy PXD near 212.08 with an upside target of 232.68. This data also tells us to set a stop loss @ 211.47 to protect against excessive loss in case the stock begins to move against the trade. 212.08 is the first level of support below 228.51 , and by rule, any test of support is a buy signal. In this case, support 212.08 is being tested, a buy signal would exist.

• Short PXD slightly under 232.68, target 212.08, stop loss @ 233.35 Details

The technical summary data is suggesting a short of PXD as it gets near 232.68 with a downside target of 212.08. We should have a stop loss in place at 233.35though. 232.68 is the first level of resistance above 228.51, and by rule, any test of resistance is a short signal. In this case, if resistance 232.68 is being tested, a short signal would exist.

Swing Trading Plans for PXD

• Buy PXD slightly over 230.04, target 232.68, Stop Loss @ 229.38 Details

If 230.04 begins to break higher, the technical summary data tells us to buy PXD just slightly over 230.04, with an upside target of 232.68. The data also tells us to set a stop loss @ 229.38 in case the stock turns against the trade. 230.04 is the first level of resistance above 228.51, and by rule, any break above resistance is a buy signal. In this case, 230.04, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PXD slightly near 230.04, target 212.08, Stop Loss @ 230.7. Details

The technical summary data is suggesting a short of PXD if it tests 230.04 with a downside target of 212.08. We should have a stop loss in place at 230.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 230.04, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PXD

• Buy PXD slightly over 230.04, target 230.35, Stop Loss @ 229.5 Details

If 230.04 begins to break higher, the technical summary data tells us to buy PXD just slightly over 230.04, with an upside target of 230.35. The data also tells us to set a stop loss @ 229.5 in case the stock turns against the trade. 230.04 is the first level of resistance above 228.51, and by rule, any break above resistance is a buy signal. In this case, 230.04, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short PXD slightly near 230.04, target 212.08, Stop Loss @ 230.58. Details

The technical summary data is suggesting a short of PXD if it tests 230.04 with a downside target of 212.08. We should have a stop loss in place at 230.58 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 230.04, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Pioneer Natural Resources (PXD) available here: PXD.

PXD Ratings for September 20:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Neutral
P1	0	0	191.44
P2	230.35	230.04	212.08
P3	233.90	235.21	232.68

AI Generated Signals for PXD

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This is not EF Hutton, but it could be more #powerful.  A picture speaks a thousand words, they say, and the #priceaction of Pioneer Natural Resources (NYSE: PXD) tells an important story.  The movement tells us where investors perceive value, or the lack of it, and if we pay attention we can capture opportunity.  The data below for PXD can be used as an example, and demonstrate how to do this for other stocks too.  This data was current at the time of publication, but it is not updated in real time here. If you want real time updates, or data on a different stock, please get one here Unlimited Real Time Reports.