Trading Session Report for Pioneer Energy Services Corp (PES)

Stock Performance View

Tracking current trading session activity on shares of Pioneer Energy Services Corp (PES), we can see that the stock price recently hit 2.3. At the open, shares were trading at 2.2. Since the start of the session, the stock has topped out with a high of 2.45 and bottomed with a low of 2.2. After noting current price levels, we can see that the change from the open is presently  0.05.

Focusing in on some other information, we can see that Pioneer Energy Services Corp (PES) has a current weighted alpha of -52.90. The weighted alpha gauges how much the stock has increased or decreased over the period of one full year. The weighting puts higher emphasis on more recent activity providing a more relevant measure for short-term technical analysts to use. A positive weighted alpha reading indicates that the stock has risen over the past year. A negative reading would indicate that the stock is down over that same time period. Technical traders often use the weighted alpha to help discover stocks that are building momentum. 

Earnings Focus

Pioneer Energy Services Corp (PES) last reported earnings results on 05/02/17. For the most recent period, the company posted quarterly EPS of  -0.2. The trailing 12 month earnings number is currently -1.14. The company’s EPS growth over the previous quarter clocks in at 41.18%. The EPS metric is frequently used to measure a company’s profitability based on each outstanding share of common stock.

Relative Strength      

Investors may be tracking various technicals on shares of Pioneer Energy Services Corp (PES). We can see that the 9 day relative strength value is currently  52.23%. This technical momentum indicator compares the size of recent gains to recent losses helping to identify possible overbought and oversold conditions. The 9 day historical volatility reading is currently 55.40%. This measures the average deviation from the average price spanning the past 9 days. The current 9 day MACD has been spotted at -0.08. This value represents the difference between a short-term and a long-term moving average. A reading over zero may provide a bullish signal, and a value under zero may represent a bearish signal.

Professional investors often incorporate various strategies when scanning the markets for bargains. Capitalizing on market dips can be highly profitable when thoroughly researched and executed. Making headway while sailing the turbulent market seas may not be the easiest of tasks. Closely monitoring earnings, news, and technicals play an important role in equity study. Staying on top of the markets may lead to even the casual investor squeezing out those few extra percentage points on a particular trade.

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