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PSE Crosses Above Key Moving Average Level

By Market News Video Staff, Monday, August 29, 4:34 PM ET
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In trading on Monday, shares of Pioneer Southwest Energy Partners L.P. (NYSE:PSE) crossed above their 200 day moving average of $30.43, changing hands as high as $30.80 per share. Pioneer Southwest Energy Partners L.P. shares are currently trading up about 5.4% on the day. The chart below shows the one year performance of PSE shares, versus its 200 day moving average:

Pioneer Southwest Energy Partners L.P. 200 Day Moving Average Chart

Looking at the chart above, PSE's low point in its 52 week range is $24.25 per share, with $35.87 as the 52 week high point — that compares with a last trade of $29.60.

PSE operates in the Oil & Gas Exploration & Production sector, among companies like Canadian Natural Resources Ltd. (NYSE:CNQ) which is up about 4% today, and BP p.l.c. (NYSE:BP) trading higher by about 2.8%. Below is a three month price history chart comparing the stock performance of PSE, versus CNQ and BP.

PSE,CNQ,BP Relative Performance Chart


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