PERMROCK ROYALTY TRUST (PRT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PRT - US7142541090
Overall PRT gets a technical rating of 1 out of 10. PRT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, PRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.69
We found 2 important support areas.
- Support @3.81 from a trend line in the daily time frame.
- A support zone ranging from 3.73 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.85 to 4.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.10 from a horizontal line in the daily 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 PRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRT is down. |
| ChartMill Relative Strength | 60.06 | NEUTRAL | PRT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.88 | NEUTRAL | The RSI value for PRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRT has a negative trend. |
| Stochastics (14,3) | 8.33 | OVERSOLD | The low Stochastics value suggests PRT may be oversold. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for PRT suggests low volalility. |
| Average Directional Index/ADX (14) | 21.3 | NEUTRAL | The ADX value for PRT suggests a possible start of a new trend. |
3.83
0 (0%)
PERMROCK ROYALTY TRUST / PRT FAQ
Can you provide the ChartMill technical rating for PERMROCK ROYALTY TRUST?
ChartMill assigns a technical rating of 1 / 10 to PRT.
What is the trend direction for PRT stock?
The current trend direction for PERMROCK ROYALTY TRUST (PRT) is Bearish.
What is the RSI signal for PERMROCK ROYALTY TRUST (PRT) stock?
PERMROCK ROYALTY TRUST (PRT) has an RSI value of 43.8755. This indicates that the stock is currently neutral.
What is the MACD signal for PERMROCK ROYALTY TRUST (PRT) stock?
The MACD indicator for PERMROCK ROYALTY TRUST (PRT) has a value of -0.00398425, indicating a bearish trend.
Can you provide the buy/sell signal for PERMROCK ROYALTY TRUST?
The buy/sell signal for PERMROCK ROYALTY TRUST (PRT) is sell as both the short term and long term trends are negative.