PERMIAN RESOURCES CORP (PR) Stock Technical Analysis
USA - NYSE:PR - US71424F1057 - Common Stock
13.26 USD
+0.46 (+3.59%)
13.26 USD
0 (0%)
Taking everything into account, PR scores 1 out of 10 in our technical rating. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PR is a bad performer in the overall market: 72% of all stocks are doing better.
In the last month PR has a been trading in the 11.92 - 13.26 range, which is quite wide. It is currently trading near the high of this range.
PR has an average volume of 12521600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PR is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 40% of 210 stocks in the same industry.
PR is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PR is lagging the market slightly.
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
11.68
16.48
3 important support areas can be observed.
- A support zone ranging from 13.03 to 13.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.08 to 12.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.80 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 14.02 to 14.14. 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.
- A resistance zone ranging from 14.94 to 15.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.50 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PR is neutral. |
| ChartMill Relative Strength | 28.09 | NEGATIVE | PR has a low relative strength, it was outperformed by 71.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PR is above 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) | 58.84 | NEUTRAL | The RSI value for PR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PR has a positive trend. |
| Stochastics (14,3) | 64.31 | NEUTRAL | The Stochastics value for PR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for PR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.05 | NEGATIVE | The low ADX value for PR suggests a weak or negative 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)
13.26
+0.46 (+3.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.59%
1 Week5.57%
2 Weeks6.25%
1 Month8.69%
3 Month0%
6 Month1.92%
12 Month-11.13%
2 Year0.91%
3 Year30.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.89%
ATR Inc90.09%
Range Today0.51
ADR(20)0.35
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.09
3 months CRS35.68
6 months CRS35.95
Mansfield-1.25
10 Day High13.26
10 Day Low12.07
20 Day High13.26
20 Day Low11.92
52 Week High16.33
52 Week Low10.01
CS1 End13.1
CR1 Start14.02
Volume & EV
DER(3)0.26%
DER(5)1.03%
Volume12.32M
Volume Incr27.18%
Vol(5)13.46M
Vol(50)12.52M
PERMIAN RESOURCES CORP / PR FAQ
What is the technical rating for PR stock?
ChartMill assigns a technical rating of 1 / 10 to PR.
Can you provide the trend direction for PERMIAN RESOURCES CORP?
The current trend direction for PERMIAN RESOURCES CORP (PR) is Bearish.
What is the RSI signal for PR stock?
PERMIAN RESOURCES CORP (PR) has an RSI value of 58.8352. This indicates that the stock is currently neutral.
What is the MACD signal for PR stock?
The MACD indicator for PERMIAN RESOURCES CORP (PR) has a value of 0.0979449, indicating a bearish trend.