Is Permian Basin Royalty Trust technically bullish or bearish?
As of October 24, 2025, the Permian Basin Royalty Trust shows a bullish trend supported by positive weekly indicators, despite mixed signals from the monthly data, and has outperformed the S&P 500 with a year-to-date return of 62.64% compared to 15.47%.
As of 24 October 2025, the technical trend for Permian Basin Royalty Trust has changed from mildly bullish to bullish. The weekly MACD and KST indicators are bullish, supporting the positive stance, while the daily moving averages also indicate bullish momentum. However, the monthly RSI shows a bearish signal, and the Dow Theory reflects a mildly bearish stance on the weekly timeframe. Overall, the indicators suggest a bullish sentiment, albeit with some caution due to mixed signals in the monthly data.In terms of performance, the stock has outperformed the S&P 500 significantly year-to-date with a return of 62.64% compared to the S&P 500's 15.47%.
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