Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, November 28, 2023.

Permian Basin Royalty Trust (NYSE:PBT)

Long-Term Downtrend (-90) - PBT is in a strong downtrend that is likely to continue. While PBT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid PBT?

MarketClub looks at technical strength and momentum to determine if the timing is right for PBT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PBT
Open High Low PBT Price Change
17.68 17.99 17.07 17.31 -0.46
Entry Signal

MarketClub’s Trade Triangles for PBT

long term down The long-term trend has been DOWN since Aug 15th, 2023 at 22.4100

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 20.4900

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 17.3898

Smart Scan Analysis for PBT

Based on our trend formula, PBT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PBT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.68 17.99 17.07 17.31 -0.46
Prev. Close Volume Bid Ask Time
17.77 103669 2023-11-28 16:00:00
Year High10.3Year High Date2018-04-20
Year Low6.7Year Low Date2018-11-29
52wk High27.7752wk High Date2023-04-11
52wk Low15.0552wk Low Date2023-11-10
Year End Close12.26Average Volume145,448
Shares Outstanding46,609Short Interest708,500
% Institutional13.9Market Cap226M
Assets2,305,498MLiabilities2,146,065M
P/E Ratio15.188Beta0.75
Volatility22.6
Get a free daily analysis and signals for Permian Basin Royalty Trust (PBT) - Request Your Free Report.