Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of PXD will decline by -2.82% over the next 2 Weeks and hit $262.00 by Thursday, May 16, 2024. In that time frame, PXD's share price is expected to range between $253.91 and $270.19.
BearishAverageBullishPXD shares rose +0.73% in Thursday, May 2, 2024's trading session, rising from a previous close of $267.66 to move at $269.62. The stock demonstrated notable intraday movement (see PXD's key stats for a full breakdown), fluctuating between $269.14 and $272.22, a +1.14% trading range. While recent weeks have seen some volatility, PXD has managed to secure a -0.26% drop over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 4.43M shares changing hands, 1.57M fewer than the previous session. This amounted to $1.19B in total market activity.
Will PXD Continue Its Upward Trend?
According to analyst ratings and projections for PXD, Pioneer Natural Resources Company shares are anticipated to increase by +0.32%, potentially reaching $270.48 per share by May 16, 2024. Short-term technical indicators currently suggest a neutral sentiment for PXD. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 20 positive trading days within the past 30 sessions. Based on the PXD stock forecast, now is a good time to buy PXD stock because its current trading price is +2.91% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on PXD covering social and institutional perspectives.
PXD Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into PXD's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 49.53% to 57.95%) suggest the stock is in a neutral to slightly bearish momentum phase. The 50-day RSI, at 59.33%, suggests a neutral medium-term outlook. Additionally, the 100-day RSI, at 56.21%, maintains a neutral outlook for the long term. Insights into PXD's shareholder base show how institutional investors are positioning themselves during these momentum shifts
Pioneer Natural Resources Company Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, Pioneer Natural Resources Company (PXD) is positioned to show a strong performance in September 2024. The price is predicted to move between $241.81 and $271.96, settling at an average of $257.65. This could translate to a -4.44% loss.
October 2024
Based on current market signals, Pioneer Natural Resources Company is projected to trend october 2024. We forecast a trading range from $230.61 to $266.89, with a likely average price of $249.50. Investors could expect a potential return of -7.46%.
November 2024
Our predictive algorithms indicate Pioneer Natural Resources Company stock may see a shift in November 2024. The expected range spans $237.34–$272.94, with an average target of $253.21. This represents a cautious outlook and a possible loss of -6.09%.
December 2024
Analyzing established trends, Pioneer Natural Resources Company looks set to move in December 2024. Projections place the stock between $231.99 and $263.47, averaging around $248.56. This suggests a -7.81% loss from current levels.
January 2025
Market indicators suggest Pioneer Natural Resources Company could experience notable changes during January 2025. Prices could fluctuate within $233.14 to $268.27, with a midpoint forecast of $253.25. The stock might deliver a -6.07% loss.
February 2025
Forecasting for February 2025, models estimate that Pioneer Natural Resources Company may undergo key fluctuations. If trends hold, the stock might trade between $244.09 and $277.11, averaging $261.01. This signals a cautious trajectory with potential returns around -3.19%.
March 2025
According to our latest forecast models, Pioneer Natural Resources Company (PXD) is positioned to show a strong performance in March 2025. The price is predicted to move between $234.59 and $266.36, settling at an average of $251.65. This could translate to a -6.66% loss.
April 2025
Based on current market signals, Pioneer Natural Resources Company is projected to trend april 2025. We forecast a trading range from $239.62 to $273.30, with a likely average price of $255.65. Investors could expect a potential return of -5.18%.
May 2025
Our predictive algorithms indicate Pioneer Natural Resources Company stock may see a shift in May 2025. The expected range spans $244.87–$265.76, with an average target of $255.87. This represents a cautious outlook and a possible loss of -5.10%.
PXD's history of dividends and stock splits also plays a role in long-term investor confidence.