 |
 |
 |
|
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Pioneer Southwest Energy Partners L.P. Stock Getting OverboughtBy Energy Stock Channel Staff, Wednesday, November 30, 11:32 AM ET
In trading on Wednesday, shares of Pioneer Southwest Energy Partners L.P. (NYSE:PSE) entered into overbought territory, changing hands as high as $30.773 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70. In the case of Pioneer Southwest Energy Partners L.P., the RSI reading has hit 70.0 — by comparison, the universe of energy stocks covered by Energy Stock Channel currently has an average RSI of 53.1, the RSI of WTI Crude Oil is at 66.9, and the RSI of Henry Hub Natural Gas is presently 51.1. Investors could look at PSE's 70.0 reading as a sign that the recent heavy buying is peaking which could mean shares are due for a pullback. Looking at a chart of one year performance (below), PSE's low point in its 52 week range is $21.34 per share, with $35.87 as the 52 week high point — that compares with a last trade of $30.86. Pioneer Southwest Energy Partners L.P. shares are currently trading up about 4.6% on the day.
According to the ETF Finder at ETF Channel, PSE makes up 3.05% of the Dynamic Energy Exploration & Production Portfolio ETF (AMEX:PXE) which is trading higher by about 5% on the day Wednesday. See what other ETFs contain PSE » PSE operates in the Oil & Gas Exploration & Production sector, among companies like Bill Barrett Corp (NYSE:BBG) which is up about 4.6% today, and Chesapeake Midstream Partners LP (CHKM) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of PSE, versus BBG and CHKM.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO'' The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
Find the right mix of model portfolios today at PortfolioChannel.com
This Article's Word Cloud:
Barrett
CHKM
Channel
Energy
Exploration
Investment
NYSE
Partners
Pioneer
Portfolio
Production
Relative
Southwest
Wednesday
about
above
allows
asset
chart
classes
completely
considered
could
countries
currently
designed
entered
follow
high
indicator
other
overbought
performance
point
portfolio
reading
share
shares
short
stock
stocks
territory
that
trading
universe
using
week
what
which
with
|
Now Playing:
Learn About The RSI
Start slideshow: