Is Permian Basin Royalty Trust technically bullish or bearish?

Sep 20 2025 06:58 PM IST
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As of July 10, 2025, the technical trend for Permian Basin Royalty Trust is bullish, supported by strong weekly indicators and a year-to-date return of 64.44%, despite a bearish monthly RSI signal.
As of 10 July 2025, the technical trend for Permian Basin Royalty Trust has changed from mildly bullish to bullish. The weekly MACD is bullish, and the daily moving averages also indicate a bullish stance. Bollinger Bands are bullish on both weekly and monthly time frames. However, the monthly RSI shows a bearish signal, which contrasts with the overall bullish indicators. The stock has outperformed the S&P 500 significantly over multiple periods, with a year-to-date return of 64.44% compared to the S&P 500's 12.22%. Overall, the current technical stance is bullish, driven by strong weekly indicators despite some mixed monthly signals.
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