PERMIANVILLE ROYALTY TRUST (PVL) Stock Technical Analysis
NYSE:PVL - New York Stock Exchange, Inc. - US71425H1005 - Currency: USD
Taking everything into account, PVL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PVL is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PVL did better than 89% of all other stocks.
PVL is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. PVL outperforms 91% of them.
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.
In the last month PVL has a been trading in the 1.45 - 1.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PVL has an excellent technical rating, it does not offer a high 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
1.32
1.76
3 important support areas can be observed.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.47 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.33 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 | 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 | 89.99 | POSITIVE | PVL has a high relative strength, it outperformed 89.99% 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) | 72.32 | OVERBOUGHT | The high RSI value suggests PVL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PVL has a positive trend. |
| Stochastics (14,3) | 83.89 | OVERBOUGHT | The high Stochastics value suggests PVL may be overbought. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for PVL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.67 | NEGATIVE | The low ADX value for PVL 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)
1.7431
+0.1 (+6.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg6.29%
1 Week6.94%
2 Weeks11.03%
1 Month17.78%
3 Month12.46%
6 Month16.99%
12 Month44.06%
2 Year-30.28%
3 Year-47.65%
5 Year45.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%3.89%
ATR Inc23.92%
Range Today0.12
ADR(20)0.07
ADR(20)%3.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.99
Mansfield1.14
10 Day High1.75
10 Day Low1.54
20 Day High1.75
20 Day Low1.45
52 Week High1.96
52 Week Low1.03
CS1 End1.58
CR1 StartN/A
Volume & EV
DER(3)1.84%
DER(5)-5.83%
Volume397.80K
Volume Incr98.47%
Vol(5)146.14K
Vol(50)74.34K