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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.
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MarketClub’s Trade Triangles for PBT
The long-term trend has been DOWN since Aug 15th, 2023 at 22.4100
The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 20.4900
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).
| 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 High | 10.3 | Year High Date | 2018-04-20 |
| Year Low | 6.7 | Year Low Date | 2018-11-29 |
| 52wk High | 27.77 | 52wk High Date | 2023-04-11 |
| 52wk Low | 15.05 | 52wk Low Date | 2023-11-10 |
| Year End Close | 12.26 | Average Volume | 145,448 |
| Shares Outstanding | 46,609 | Short Interest | 708,500 |
| % Institutional | 13.9 | Market Cap | 226M |
| Assets | 2,305,498M | Liabilities | 2,146,065M |
| P/E Ratio | 15.188 | Beta | 0.75 |
| Volatility | 22.6 |