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Stock Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
Permian Basin Royalty Trust (NYSE:PBT)
Strong Downtrend (-100) - PBT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PBT continues to fall. 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 22.41
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 10.72
The short-term trend has been DOWN since Sep 11th, 2024 at 10.90
Smart Scan Analysis for PBT
Based on our trend formula, PBT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.0800 | 11.0900 | 10.8655 | 11.0200 | -0.0100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.0200 | 75202 | 2024-09-11 15:58:09 |
| Year High | 10.3 | Year High Date | 2018-04-20 |
| Year Low | 6.7 | Year Low Date | 2018-11-29 |
| 52wk High | 22.5 | 52wk High Date | 2023-09-19 |
| 52wk Low | 10.14 | 52wk Low Date | 2024-08-05 |
| Year End Close | 12.26 | Average Volume | 104,071 |
| Shares Outstanding | 46,609 | Short Interest | 708,500 |
| % Institutional | 13.9 | Market Cap | 226M |
| Assets | 6,865,704M | Liabilities | 6,668,079M |
| P/E Ratio | 16.2206 | Beta | 0.75 |
| Volatility | 22.6 |