Is Permian Basin Royalty Trust technically bullish or bearish?
As of October 10, 2025, the technical trend for Permian Basin Royalty Trust is bullish, supported by positive MACD and moving averages, despite a mildly bearish signal from the weekly Dow Theory, with the stock outperforming the S&P 500 year-to-date by 57.04% compared to 11.41%.
As of 10 October 2025, the technical trend for Permian Basin Royalty Trust has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. Daily moving averages also indicate a bullish stance. However, the weekly Dow Theory shows a mildly bearish signal, which slightly tempers the overall bullish sentiment. In terms of performance, the stock has significantly outperformed the S&P 500 year-to-date with a return of 57.04% compared to the S&P 500's 11.41%, and over the last year, it has returned 52.90% versus the S&P 500's 13.36%. Overall, the current technical stance is bullish, with strong indicators primarily from MACD and moving averages.
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