SAN JUAN BASIN ROYALTY TR (SJT) Stock Technical Analysis
NYSE:SJT - New York Stock Exchange, Inc. - US7982411057 - Currency: USD
We assign a technical rating of 8 out of 10 to SJT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that SJT is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, SJT also shows a nice and consistent pattern of rising prices.
SJT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 91% of 211 stocks in the same industry.
SJT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SJT is lagging the market slightly.
In the last month SJT has a been trading in the 5.57 - 7.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, SJT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SJT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.66
6.91
When analyzing the support we can see 5 important areas.
- A support zone ranging from 6.06 to 6.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.80 to 5.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.64 from a horizontal line in the daily time frame.
- Support @4.27 from a trend line in the weekly time frame.
- Support @3.70 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.27 to 6.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.58 from a trend line in the daily time frame.
- A resistance zone ranging from 6.78 to 6.84. This zone is formed by a combination of multiple trend lines in the weekly 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 SJT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SJT is neutral. |
| ChartMill Relative Strength | 86.87 | POSITIVE | SJT has a high relative strength, it outperformed 86.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SJT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SJT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SJT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.69 | NEUTRAL | The RSI value for SJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SJT has a positive trend. |
| Stochastics (14,3) | 60.57 | NEUTRAL | The Stochastics value for SJT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for SJT suggests some volalility. |
| Average Directional Index/ADX (14) | 13.22 | NEGATIVE | The low ADX value for SJT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.33 | 6.05 | 0.28 (4.42%) | 22.61% |
| An entry @6.33. This is a Buy Stop order right above the resistance zone. | An exit @6.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 4.42%. | For a 1.00% total portfolio risk, you can invest 22.61% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SJT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:SJT (7/11/2025, 8:04:00 PM)
6.17
+0.01 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.16%
1 Week-0.8%
2 Weeks3.35%
1 Month-4.34%
3 Month20.04%
6 Month44.84%
12 Month45.18%
2 Year-23.45%
3 Year-51.03%
5 Year165.95%
10 Year-42.23%
15 Year-76.43%
Volatility
ATR(14)0.26
ATR(20)%4.52%
ATR Inc-33.38%
Range Today0.17
ADR(20)0.27
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.87
Mansfield2.13
10 Day High6.28
10 Day Low5.77
20 Day High7
20 Day Low5.57
52 Week High7.22
52 Week Low3.21
CS1 End6.11
CR1 Start6.27
Volume & EV
DER(3)6.25%
DER(5)6.99%
Volume162.60K
Volume Incr-35.75%
Vol(5)153.26K
Vol(50)284.55K