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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Permian Basin Royalty Trust (NYSE:PBT)
Sidelines Mode (-55) - PBT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Apr 16th, 2024 at 11.8800
The short-term trend has been UP since Apr 19th, 2024 at 12.1199
Smart Scan Analysis for PBT
Based on our trend formula, PBT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.76 | 12.61 | 11.70 | 12.50 | +0.75 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.50 | 186029 | 2024-04-23 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 | 27.15 | 52wk High Date | 2023-04-24 |
| 52wk Low | 10.95 | 52wk Low Date | 2024-03-04 |
| Year End Close | 12.26 | Average Volume | 155,430 |
| Shares Outstanding | 46,609 | Short Interest | 708,500 |
| % Institutional | 13.9 | Market Cap | 226M |
| Assets | 6,272,824M | Liabilities | 6,051,350M |
| P/E Ratio | 19.5833 | Beta | 0.75 |
| Volatility | 22.6 |