PERMIAN RESOURCES CORP (PR) Stock Technical Analysis
USA - NYSE:PR - US71424F1057 - Common Stock
12.2 USD
-0.6 (-4.69%)
12.35 USD
+0.15 (+1.23%)
Overall PR gets a technical rating of 0 out of 10. PR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, PR is a bad performer in the overall market: 84% of all stocks are doing better.
PR is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 66% of 211 stocks in the same industry do better.
In the last month PR has a been trading in the 12.19 - 14.07 range, which is quite wide. It is currently trading near the lows of this range.
PR has an average volume of 12239400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PR is lagging the market.
The technical rating of PR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.08
16.48
6 important resistance areas can be observed.
- A resistance zone ranging from 13.09 to 13.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.69 to 13.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.21 to 14.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.63 from a horizontal line in the daily time frame.
- Resistance @15.01 from a horizontal line in the daily time frame.
- Resistance @16.32 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PR is down. |
| ChartMill Relative Strength | 16.65 | NEGATIVE | PR has a low relative strength, it was outperformed by 83.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.76 | NEUTRAL | The RSI value for PR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PR has a negative trend. |
| Stochastics (14,3) | 23.28 | NEUTRAL | The Stochastics value for PR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.81 | MEDIUM VOLATILITY | The ATR as a percentage value for PR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for PR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.2
-0.6 (-4.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.69%
1 Week-3.1%
2 Weeks-10.82%
1 Month-10.95%
3 Month-13.84%
6 Month10.51%
12 Month-15.98%
2 Year-16.27%
3 Year24.87%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%3.81%
ATR Inc38.92%
Range Today0.57
ADR(20)0.45
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.65
Mansfield-1.87
10 Day High13.61
10 Day Low12.19
20 Day High14.08
20 Day Low12.19
52 Week High16.33
52 Week Low10.01
CS1 EndN/A
CR1 Start13.09
Volume & EV
DER(3)0.1%
DER(5)0.54%
Volume13.74M
Volume Incr-21.68%
Vol(5)11.55M
Vol(50)12.24M