PERMROCK ROYALTY TRUST (PRT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PRT - US7142541090
Taking everything into account, PRT scores 0 out of 10 in our technical rating. PRT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, PRT is a bad performer in the overall market: 84% of all stocks are doing better.
- PRT is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 76% are performing better than PRT.
- In the last month PRT has a been trading in the 2.61 - 3.44 range, which is quite wide. It is currently trading near the high of this range.
- PRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRT is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PRT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.28
4 important resistance areas can be observed.
- A resistance zone ranging from 3.32 to 3.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.82 to 3.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.99 to 4.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for PRT is neutral. |
| ChartMill Relative Strength | 16.29 | NEGATIVE | PRT has a low relative strength, it was outperformed by 83.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRT is above 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) | 56.33 | NEUTRAL | The RSI value for PRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PRT has a positive trend. |
| Stochastics (14,3) | 90.38 | OVERBOUGHT | The high Stochastics value suggests PRT may be overbought. |
| Average True Range in percent/ATR (20) | 4.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PRT suggests some volalility. |
| Average Directional Index/ADX (14) | 38.89 | POSITIVE | The high ADX value value for PRT suggests a strong trend. |
3.31
+0.07 (+2.16%)
PERMROCK ROYALTY TRUST / PRT 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.
What is the RSI signal for PERMROCK ROYALTY TRUST (PRT) stock?
PERMROCK ROYALTY TRUST (PRT) has an RSI value of 56.3313. This indicates that the stock is currently neutral.
What is the MACD signal for PRT stock?
The MACD indicator for PERMROCK ROYALTY TRUST (PRT) has a value of 0.0841519, indicating a bearish trend.
What is the support and resistance level for PRT stock?
PERMROCK ROYALTY TRUST (PRT) has a resistance level at 3.32. Check the full technical report for our detailed analysis of PRT support and resistance levels.