Stock Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
Permian Basin Royalty (NYSE:PBT)
Weak Downtrend (-65) - PBT is showing signs of a strengthening downtrend. Monitor PBT as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for PBT
The long-term trend has been DOWN since May 2nd, 2019 at 6.50
The intermediate-term trend has been DOWN since Aug 13th, 2020 at 3.22
The short-term trend has been UP since Sep 11th, 2020 at 2.64
Smart Scan Analysis for PBT
Based on our trend formula, PBT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.3||Year High Date||2018-04-20|
|Year Low||6.7||Year Low Date||2018-11-29|
|52wk High||5.24||52wk High Date||2019-10-01|
|52wk Low||2.385||52wk Low Date||2020-03-18|
|Year End Close||12.26||Average Volume||105,631|
|Shares Outstanding||46,609||Short Interest||708,500|
|% Institutional||13.9||Market Cap||226M|