Country Icon

Permian Basin Royalty Trust (PBT) - Buy, Sell or Hold?

Sector: Energy   Sub-Sector: Oil & Gas Production
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 18 Aug 2017Piercing PatternDojiMon, 31 Jul 2017-10.06%
***Stock database and scans are updated around midnight (New York time) every trading day.
8.11 0.00 (0%) Aug 21 9:47am EDT
Open: 8.1200 Range: 8.0956 - 8.1400 Vol: 3.44K Avg Vol: 110.63K
EPS: 0.63 P/E ratio: 12.84 EBITDA: 0.00 Mkt Cap: 379.39M
Analyze "PBT" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 8.20
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 8.77
Last Trade is below the 50 day moving average at 8.89
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 8.79
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of PBT

Stock Trend Analysis - Buy, Sell or Hold "Permian Basin Royalty Trust" (PBT)?

Although PBT is currently trading below its 200 day moving average, it is prudent to note that in the last 52 weeks, PBT has been trading above the 200 day moving average for 95% of the time with an average daily volume of 110.6K shares changing hands. This could portend a sustained reversal in trend, or just a slight bump in the road prior to resuming its bullish bias.For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also indicating range bound trading with a bearish bias. Objectively, as long as PBT is trading below its 200 SMA, rallies will be sold into and traders can expect a lot of resistance near the 200 SMA currently at 8.79. Technically there are too many uncertainties to recommend a buy on this stock at this moment. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "PBT".

The analyst consensus estimates for the 1 year price target for this stock is $13.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 18 Aug 2017
Energy Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
CLMTCalumet Specialty Products Partners, L.P.Buy, Sell or HoldTrading Levels & Pivots
ZNZion Oil & Gas IncBuy, Sell or HoldTrading Levels & Pivots
ESIOElectro Scientific Industries, Inc.Buy, Sell or HoldTrading Levels & Pivots
TRUTorch Energy Royalty TrustBuy, Sell or HoldTrading Levels & Pivots
KOSKosmos Energy Ltd.Buy, Sell or HoldTrading Levels & Pivots
BBLBHP Billiton plcBuy, Sell or HoldTrading Levels & Pivots
TSOTesoro Petroleum CorporationBuy, Sell or HoldTrading Levels & Pivots
MXWLMaxwell Technologies, Inc.Buy, Sell or HoldTrading Levels & Pivots
CYDChina Yuchai International LimitedBuy, Sell or HoldTrading Levels & Pivots
CAECAE IncBuy, Sell or HoldTrading Levels & Pivots