PERMIANVILLE ROYALTY TRUST (PVL) Technical Analysis
NYSE:PVL • US71425H1005
Current stock price
PVL Technical Rating and Analysis
Taking everything into account, PVL scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PVL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- PVL is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 209 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PVL did better than 77% of all other stocks.
- PVL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PVL is performing more or less in line with the market.
- PVL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PVL Weekly and Daily overview Charts
PVL Setup Rating and Analysis
Although PVL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
PVL Support and Resistance Analysis
1.60
3 important support areas can be observed.
- A support zone ranging from 1.78 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.66 from a trend line in the weekly time frame.
- A support zone ranging from 1.62 to 1.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @1.89 from a horizontal line in the daily time frame.
PVL 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 | UP | POSITIVE | The long term trend for PVL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVL is up. |
| ChartMill Relative Strength | 77.52 | POSITIVE | PVL has a high relative strength, it outperformed 77.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.03 | NEUTRAL | The RSI value for PVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PVL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.29 | NEUTRAL | The Stochastics value for PVL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for PVL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for PVL suggests a weak or negative trend. |
PVL Chart- and CandleStick Pattern Analysis
PVL Technicals: Chart, Performance Metrics, Trend & Indicators
1.88
+0.02 (+1.08%)
PERMIANVILLE ROYALTY TRUST / PVL TA FAQ
What is the ChartMill technical rating of PERMIANVILLE ROYALTY TRUST (PVL) stock?
ChartMill assigns a technical rating of 9 / 10 to PVL.
What is the current trend direction of PERMIANVILLE ROYALTY TRUST (PVL) stock?
The current trend direction for PERMIANVILLE ROYALTY TRUST (PVL) is Bullish.
What is the RSI signal for PERMIANVILLE ROYALTY TRUST (PVL) stock?
PERMIANVILLE ROYALTY TRUST (PVL) has an RSI value of 57.0291. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PERMIANVILLE ROYALTY TRUST?
The buy/sell signal for PERMIANVILLE ROYALTY TRUST (PVL) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PVL stock?
PERMIANVILLE ROYALTY TRUST (PVL) has a support level at 1.82 and a resistance level at 1.89. Check the full technical report for our detailed analysis of PVL support and resistance levels.