PERMROCK ROYALTY TRUST (PRT) Technical Analysis
NYSE:PRT • US7142541090
Current stock price
PRT Technical Rating and Analysis
Taking everything into account, PRT scores 0 out of 10 in our technical rating. PRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PRT is a bad performer in the overall market: 88% of all stocks are doing better.
- PRT is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 88% are performing better than PRT.
- PRT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PRT has a been trading in the 2.75 - 3.48 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
PRT Weekly and Daily overview Charts
PRT Setup Rating and Analysis
The technical rating of PRT 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
PRT Support and Resistance Analysis
2.80
We can see 3 important resistance areas.
- Resistance @3.33 from a trend line in the daily time frame.
- A resistance zone ranging from 3.59 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.93 from a horizontal line in the daily time frame.
PRT Technical Indicator Signal Analysis
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 | 12.92 | NEGATIVE | PRT has a low relative strength, it was outperformed by 87.08% off all stocks 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) | 37.4 | NEUTRAL | The RSI value for PRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.13 | OVERSOLD | The low Stochastics value suggests PRT may be oversold. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PRT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.73 | NEUTRAL | The ADX value for PRT suggests a possible start of a new trend. |
PRT Chart- and CandleStick Pattern Analysis
PRT Technicals: Chart, Performance Metrics, Trend & Indicators
2.83
-0.05 (-1.74%)
PERMROCK ROYALTY TRUST / PRT TA FAQ
Can you provide the ChartMill technical rating for PERMROCK ROYALTY TRUST?
ChartMill assigns a technical rating of 0 / 10 to PRT.
Can you provide the trend direction for PERMROCK ROYALTY TRUST?
The current trend direction for PERMROCK ROYALTY TRUST (PRT) is Bearish.
Can you provide the RSI signal for PERMROCK ROYALTY TRUST?
PERMROCK ROYALTY TRUST (PRT) has an RSI value of 37.3972. This indicates that the stock is currently neutral.
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.
What are the support and resistance levels for PERMROCK ROYALTY TRUST (PRT) stock?
PERMROCK ROYALTY TRUST (PRT) has a resistance level at 3.33. Check the full technical report for our detailed analysis of PRT support and resistance levels.